White House Crypto Summit 2025 : Live Updates

Crypto Czar David Sacks acknowledged, “Bitcoin is scarce, it’s beneficial, and that’s strategic for the US to carry on to this as a long-term reserve asset.” His feedback underscore the idea that Bitcoin’s restricted provide and intrinsic worth make it a really perfect candidate for a long-term reserve, aligning with broader methods to safe monetary stability in an evolving digital economic system.

David Sacks defined that when Trump talked about XRP, Solana, and Cardano in his crypto reserve assertion, he was merely referring to the highest 5 cryptocurrencies by market cap, with no deeper that means. Sacks additionally famous that the federal government may discover lending or staking its crypto holdings. The Treasury Division would deal with any rebalancing, gross sales, or different asset administration methods based mostly on long-term pursuits.

In accordance with @PunchbowlNews and @BrendanPedersen, the White Home isn’t anticipating any new bulletins on tax coverage at in the present day’s crypto summit. The main focus is anticipated to stay on broader digital asset discussions, leaving tax coverage for future deliberations.

On March 7, 2025, the White Home will host Crypto Summit, uniting authorities officers, regulators, and prime crypto business leaders. This occasion marks the highest-level political help for cryptocurrency regulation and innovation in the US. The summit will concentrate on shaping future digital asset insurance policies and fostering blockchain innovation, signaling a significant step towards integrating crypto into the mainstream monetary system.