Trump’s crypto summit ‘not going to have anything on taxes’ — White House official

The Trump administration plans to “roll back” Joe Biden’s anti-crypto stance and treat Bitcoin as the “digital Fort Knox for digital gold.”

A senior White House official has confirmed that US President Donald Trump’s crypto summit on March 7 will not cover taxes but instead focus on rolling back the anti-crypto policies pursued by the former Biden administration.

“There’s not going to be anything on taxes. You know, the crypto internet is rife with rumors. […] I don’t know how some of these things get started,” a senior White House official said in a virtual preview of the crypto summit held on March 7 at 2:00 pm UTC.

Instead, the summit will be a venue for industry leaders to provide feedback on regulations, which is consistent with President Trump’s promise to end Operation Chokepoint 2.0, the previous administration’s reported initiative to debank cryptocurrency companies.

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