Editor's PiCK
Trump to Announce 'Strategic Bitcoin Reserve' Soon... Also Focusing on Withdrawal of Operation Chokepoint 2.0
Summary
- Reported that President Donald Trump's announcement of a 'Strategic Bitcoin Reserve' is imminent.
- Stated that as expectations for the withdrawal of 'Operation Chokepoint 2.0' have grown, the easing of banking access restrictions for virtual asset companies is drawing attention.
- Mentioned the possibility of announcements regarding tax reforms related to virtual assets, but noted that specific details remain unclear.
An announcement regarding the 'Strategic Bitcoin Reserve' being pursued by U.S. President Donald Trump is expected as early as today or tomorrow, while additional policy changes are also drawing attention.
On the 7th (local time), Fox Business reporter Eleanor Terrett shared via X that "some attendees at the White House summit are expecting an announcement about the withdrawal of 'Operation Chokepoint 2.0,' which restricts virtual asset companies' access to banking."
This regulation has made it difficult for virtual asset companies to use banking services, and expectations have grown that the Trump administration will withdraw this measure as part of its pro-virtual asset policies.
Additionally, according to Terrett, announcements related to tax reforms for virtual assets (cryptocurrencies) are also expected, although the specific details remain unclear.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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