Report: Trump expected to announce Bitcoin reserve strategy at White House Crypto Summit
- Howard Lutnick said Bitcoin would receive special status under US President Donald Trumps proposed crypto reserve
- Lutnick believes that other crypto tokens will be treated differentlypositively, but differently
- So far, 12 people within crypto have been invited to attend the Crypto Summit
US President Donald Trump is expected to unveil a Bitcoin reserve strategy at this weeks first Crypto Summit at the White House.
Thats according to US Commerce Secretary Howard Lutnick during an interview with The Pavlovic Today.
A Bitcoin strategic reserve is something the Presidents interested in, Lutnick said. He spoke about it all during the campaign trail, and I think youre going to see it executed on Friday.
Lutnick also suggested that Bitcoin would receive special status under Trumps proposed plans, adding:
So Bitcoin is one thing, and then the other currencies, the other crypto tokens, I think, will be treated differentlypositively, but differently.
On Sunday, Trump announced on Truth Social his thinking around a crypto strategic reserve, stating that it will elevate this critical industry after years of corrupt attacks by the Biden Administration.
He initially said that the crypto reserve would hold Cardano, Solana, and XRP; however, he later added that it would obviously include Bitcoin and Ethereum.
Whos invited to the Crypto Summit?
The White House Crypto Summit, chaired by David Sacks and Bo Hines, marks a significant step in Trumps mission to make America the crypto capital of the world.
Scheduled to take place on March 7, White House officials have said that itll be an opportunity to discuss regulatory clarity and the economic opportunities in the crypto asset space.
According to Fox Business journalist Eleanor Terrett, the Crypto Summit will host a small gathering of people. These include Robinhood co-founder and CEO Vlad Tenev, Arjun Sethi, Krakens CEO, Brian Armstrong, CEO of Coinbase, Geminis Cameron and Tyler Winklevoss, and Michael Saylor, executive chair of Strategy.
NEW: These are the ten industry folks Ive confirmed are attending the White House Crypto Summit on Friday.
@vladtenev, @RobinhoodApp CEO
@arjunsethi, Kraken CEO
@saylor, @MicroStrategy Founder and Executive Chairman
@brian_armstrong, @coinbase CEO
Eleanor Terrett (@EleanorTerrett) March 5, 2025
Members of the Presidential Working Group on Digital Assets will also be in attendance.
The arrival of the Crypto Summit follows the Executive Order Trump signed at the end of January for the crypto working group to provide regulatory clarity over crypto assets. The crypto working group was also directed to explore the potential of a national crypto stockpile.
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