White House Crypto Summit 2025 : Live Updates

Crypto Czar David Sacks stated, “Bitcoin is scarce, it’s valuable, and that is strategic for the United States to hold on to this as a long-term reserve asset.” His comments underscore the belief that Bitcoin’s limited supply and intrinsic value make it an ideal candidate for a long-term reserve, aligning with broader strategies to secure financial stability in an evolving digital economy.

David Sacks explained that when Trump mentioned XRP, Solana, and Cardano in his crypto reserve statement, he was simply referring to the top five cryptocurrencies by market cap, with no deeper meaning. Sacks also noted that the government might explore lending or staking its crypto holdings. The Treasury Department would handle any rebalancing, sales, or other asset management strategies based on long-term interests.

According to @PunchbowlNews and @BrendanPedersen, the White House is not anticipating any new announcements on tax policy at today’s crypto summit. The focus is expected to remain on broader digital asset discussions, leaving tax policy for future deliberations.

On March 7, 2025, the White House will host Crypto Summit, uniting government officials, regulators, and top crypto industry leaders. This event marks the highest-level political support for cryptocurrency regulation and innovation in the United States. The summit will focus on shaping future digital asset policies and fostering blockchain innovation, signaling a major step toward integrating crypto into the mainstream financial system.