Trump, the Treasury Department provides notes at the White House encryption summit

President Donald Trump hosted the first summit of the White House digital assets on Friday, with a handful of the main encryption managers and the members concerned in its administration.

Trump repeated his promises of his executive order on Thursday to establish the Bitcoin Strategic Reserve, and not to sell the American bitcoin.

• “From this day onward, America will follow the base that knows all the Bitkerner coins well: never sell bitcoin.” Open the live broadcast. “This is a small phrase they have, I don’t know if this is true or not. Who knows hell.”
• Moreover, Arrangement Treasury in charge of Scott Beesen and Trade Minister Howard Lottenic with exploring ways to acquire an additional bitcoin currency that does not impose any new costs on taxpayers. Although it also created a “stock of digital assets” for Altcoins, it does not prevent the government from sending it, and will not include additional inventory purchases.
• Treasury Secretary Scott Payette said that the government will cancel all previous directives related to the tax law and risk weights with the encrypted currency, and encourage Stablecoins in US dollars to maintain the dominant US dollar around the world.

• Crypto executive officials have praised the main round table for a welcoming approach in the digital asset industry, rather than a hostile.
• “The United States should continue in this new financial system,” said Sergey Narrazov of Chainlink. “I feel overwhelmed to see this. This is how the United States will continue its role in the global financial system.”
• Others at the round table included the CEO of Ripple Brad Garlinghouse, CEO of Coinbase Brian Armstrong, co -founder of Gemini Cameron and Tyler Winkefus, founder of strategy and CEO Michael Sailor.
• The bulk of the meeting is not broadcast publicly, but David Sachs I mentioned The round table was small to inspire a “meaningful conversation”.