Five Announcements Trump Could Make at the White House Crypto Summit

As we’ve been writing to you for several weeks now, the White House looks to be gearing up for major crypto policy announcements.

And that might all culminate in a ‘crypto summit’ at the White House tomorrow.

The news of this has already been gaining momentum in the market, with Bitcoin back over $90,000 and the ‘Made in U.S.A.’ crypto like XRP, Ethereum, Solana and Cardano starting to lift higher too.

Helping this dose of momentum along were comments just yesterday from Secretary of Commerce, Howard Lutnick, who we also introduced to you properly yesterday.

Speaking to The Pavlovic Today, Lutnik said[1] ‘the President definitely thinks there’s a Bitcoin strategic reserve.’

He went on to say,

‘A Bitcoin strategic reserve is something the President’s interested in. He spoke about it all during the campaign trail, and I think you’re going to see it executed on Friday,’

‘So, Bitcoin is one thing, and then the other currencies, the other crypto tokens, I think, will be treated differently—positively, but differently,’ he added.

This is just one of the things the market is now expecting tomorrow. But what else might there be? Well, one thing I think has even bigger ramifications for U.S. crypto than a Bitcoin strategic reserve.

Five Announcements we Could See at the Crypto Summit

Lutnick says we’ll see a Bitcoin strategic reserve, so we’ll lead off with that…

1.  Creation of a U.S. Crypto Strategic Reserve
   Building on Lutnick’s remarks, it’s widely believed that President Trump will officially declare the formation of a national ‘digital assets’ reserve. I expect it to be mainly Bitcoin (BTC) and then a smaller ‘incubation’ style reserve of Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). The government aims to reinforce the nation’s financial stability and embrace the growing digital-asset market.

2. Tax free crypto
   Rumours have been circulating, and Eric Trump alluded to this last year, around the idea of eliminating capital gains tax (CGT) on crypto. I think if this comes to play, it will more specifically be ‘Made in U.S.A.’ crypto. It may be like other policies around the world where if you hold for 12 months, it’s CGT free, and transactions/conversions will also be tax free. But if you’re a professional trader, generating regular income, there will likely be some tax still levied. Point being, this is a massive incentive to attract crypto investors, crypto developers, crypto companies to the U.S. And this may end up more beneficial to the U.S. economy than a strategic reserve ever could be.

3. More specifics on the GENIUS Act
   The ‘Generating Necessary Innovation for U.S. Strength’ (GENIUS) Act was introduced recently. Its design is a comprehensive guide to define clear, practical rules for stablecoins.

   The view is the administration is very keen on using stablecoins to bolster the U.S. dollar and slow down/reverse de-dollarization around the world. There could be significant announcements, relating to USDT and USDC stablecoins.

4. Establishment of a clear Regulatory Framework for Digital Assets
   The White House Crypto Summit is expected to be a stage for introducing a wide-ranging regulatory system, that offers much-needed clarity for digital asset trading and usage. Setting up clarity on what classifies as securities, commodities, and perhaps even just a whole new separate asset class of ‘crypto’.

5. Collaborations with publicly listed companies
   On the list of attendees, there are several prominent CEOs, Chairmen, and leaders of publicly listed companies. Michael Saylor (Strategy), Brian Armstrong (Coinbase), Vlad Tenev (Robinhood), JP Richardson (Exodus).  You wouldn’t think they’d get a seat at the table unless there was something bigger in mind with these companies. Hard to say what exactly, but I would expect, them all to play a significant role in what the White House has in store.

All in all, the White House Crypto Summit promises to be a defining moment for the crypto industry. This may be a case of buy the rumour, sell the news. But it could also be the catalyst that sends the entire market into overdrive.

Trust in crypto,
Adam Atlantic

[1] https://thepavlovictoday.com/howard-lutnick-reveals-trump-to-unveil-bitcoin-reserve-strategy-at-white-house-crypto-summit/