Cryptocurrency industry leaders are set to meet with President Donald Trump to discuss his initiative to position the U.S. as the global crypto capital. Trump's recent executive order aims to create a federal strategic cryptocurrency reserve, which will include Bitcoin and other selected coins. The meeting will include notable figures from the crypto space, particularly emphasizing collaboration and strategies to acquire assets without burdening taxpayers. The implications of this reserve's creation raise questions among industry peers about its potential impact on the market and regulation, generating keen interest and debate.
Trump directed the secretaries of treasury and commerce to develop budget-neutral strategies for acquiring additional bitcoin that have no incremental costs on taxpayers.
For the first time, industry leaders feel they're walking into a collaborative discussion... Participants said they were focused on any further details on the strategic reserve.
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