Cryptography giants gather at the White House tomorrow, and Trump's new encryption policy is about to emerge."
Internet reports that tomorrow more than 20 executives, investors and celebrities in the cryptocurrency field will gather at the White House Cryptocurrency Summit to plan the future development direction of the cryptocurrency field under Trump's leadership. According to people familiar with the matter, this event is likely to become a platform to promote a number of administrative measures related to cryptocurrencies, and a variety of options are currently under consideration. People familiar with the matter said Trump may announce that the government will stop selling cryptocurrencies confiscated in criminal cases and instead use them to build national reserves. They also said Trump may issue an executive order to create a real reserve of bitcoin that is expected to buy more of the digital currency. One of the people familiar with the matter said that another potential proposal would involve the tax treatment of cryptocurrencies and would likely require congressional review and approval. These people familiar with the matter said the actions are still under discussion and may not be implemented or change in the end.
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