Crypto Policy Overhaul Set to be Announced by President Trump

Trump to Unveil Crypto Policy Shift at White House Summit

The White House is preparing to announce a major change in cryptocurrency policy, according to U.S. Secretary of Commerce Howard Lutnick. President Donald Trump is expected to reveal plans for a crypto strategic reserve during a summit scheduled for Friday.

Special Status for Bitcoin

Bitcoin (BTC) is anticipated to receive a unique status as part of the policy overhaul. However, Lutnick indicated that the policy would be favorable towards other cryptocurrencies as well.

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