Trump and White House Cryptocurrency Affairs Chief Reiterate That Taxpayer Funds Will Not Be Used to Acquire Digital Assets
From Jinshi Data:
U.S. President Trump held the first summit at the White House, focusing on his government's digital asset reserve plan to attract elites from the cryptocurrency industry.
The main focus of the summit was Trump's goal to establish a strategic reserve that includes Bitcoin, which he officially announced in an executive order on Thursday.
Trump stated at the summit, "We do not want taxpayers to pay any price."
White House Cryptocurrency Affairs Chief David Sachs told reporters, "Establishing a Bitcoin reserve should have been done a long time ago. Taxpayer funds will not be used to acquire digital assets, and existing protections can safeguard consumers from the impacts of crypto investments." (Jinshi Data APP)
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