FIRST BITCOIN - CRYPTO SUMMIT IN USA WHITE HOUSE 9th of March, 2025
On Friday, the 7th of March, 2025, the United States of America (USA) hosted the first ever crypto summit in the Whitehouse. The crypto summit convened top major executives from various digital asset firms. The summit focused on Trump executive order (on Thursday) to build a strategic reserve containing bitcoin and a stockpile of other digital assets. The reserve will have bitcoin capital owned by the Federal Government that was either forfeited by criminal or civil asset forfeiture proceedings. .
Furthermore, President Trump executive order states that the government's own bitcoin holdings should never be sold. However, the executive order did not state any timetable or explicit guarantee for the government to begin making new cryptocurrency purchases.
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