Donald Trump is all set to deliver a new keynote speech at the Digital Asset Summit tomorrow hosted by Blockworks. The summit revolves around cultivating meaningful discussions on “shaping the future of the instructional crypto industry,” which Trump will be an important part of. At the same time, Eleanor Terrett, a former Fox journalist, has come up with a new detail, adding how Trump may make a new significant crypto announcement at the summit tomorrow. This development has fueled the speculatory whims on X, investigating every major market spotlight that may get approved by Trump at the summit.

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Trump To Announce Major Cryptocurrency Development?

Trump family DeFi platform
Source: Forbes

Per Eleanor Terrett, Donald Trump is all set to attend the reputed Digital Asset Summit hosted in New York. The summit will set the stage for a crucial announcement that Trump may unveil tomorrow, as per Terrett’s dependable sources.

“🚨SCOOP: I’m told a big announcement. Regarding @realDonaldTrump’s plans for next steps in #crypto policy is coming imminently out of the @blockworksDAS. 👀”

The development has stirred the cryptocurrency community which is beaming with a new crypto outlook to look forward to.

“It’s high time that our president started accumulating assets for the American people. Which is what President Trump is doing rather than taking it away. I’ve been asked all the time, it’s like how much do you want, right? I mean, as much as we can get.” As stated earlier by Bo Hines, Executive Director of the White House’s Presidents Council of Advisers on Digital Assets

No Capital Tax on Crypto Announcement?

Among the popular speculative notions floated by people on X, the majority is expecting Donald Trump to announce no capital gains tax on cryptocurrency. This roughly means that Americans are expecting Donald Trump to not put up a capital gains tax on cryptocurrency transactions, helping the investors make the most out of the industry at a rapid pace.

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New Crypto Policies/Purpose of the Crypto Strategic Reserve

At the same time, Donald Trump may also announce new industry laws and policies that may help the cryptocurrency domain gain regulatory clarity. This may include announcements related to sustainable crypto laws and policies enabling the nation to embed and transact with cryptocurrency in a holistic manner.

In addition to this, expectations regarding Trump’s clarifying his intent on launching the crypto reserve are also gaining steam. This may comprise Trump clarifying the role of each crypto in the reserve and how it may be deployed/allocated in the near future on a global/administrative level.

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  • crypto summit
  • digital assets
  • Donald Trump
  • regulation