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Asadghafoorjami
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According to Odaily, user @mikealfred stated on the X platform that multiple sources have confirmed the Trump administration will make a significant announcement regarding digital asset taxation at tomorrow's summit. The announcement is expected to introduce new regulatory measures or plans that could have a profound impact on the digital asset industry. Further details will be revealed during the summit.
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#USCryptoReserve Trump creates a Strategic Bitcoin Reserve one day ahead of White House crypto summit as part of criminal or civil asset forfeiture proceedings, according to the order. “Bitcoin is the original cryptocurrency,” the order said. “Because there is a fixed supply of BTC, there is a strategic advantage to being among the first nations to create a strategic bitcoin reserve.” The order also created a US Digital Asset Stockpile under the Treasury Department to manage other coins and assets. On Sunday, Trump posted on social media that he would direct the government to stockpile bitcoin, ethereum and three other tokens, which prompted backlash from the crypto industry. In addition, the executive order directed a full accounting of the government’s digital assets holdings. David Sacks, the White House czar for AI and cryptocurrency, wrote on X that the government has about 200,000 bitcoin. Each Bitcoin is currently worth about $87,000, according to Coinmarketcap, putting the total estimated value of the reserve at around $17.5 billion. The cryptocurrency industry has enjoyed an unprecedented seat at the table in Trump’s White House, in contrast to a harder line drawn by former President Joe Biden and his administration. On Friday, for example, the White House will hold its first-ever crypto summit.$BTC $XRP $BNB
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See my returns and portfolio breakdown. Follow for investment tips
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#Solana is a high-speed single-layer blockchain, currently supporting peak capacity of 65k transactions per second and 400ms block times using a network timestamp system called Proof-of-History ("PoH"). Core technical team comes from Qualcomm, a Fortune 500 chip manufacturer, where they managed projects such as Firefox OS and the BREW Operating System. $SOL
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