TechFlow reports that on March 5, according to The Pavlovic Today, U.S. Secretary of Commerce Howard Lutnick revealed President Trump will announce a Bitcoin Strategic Reserve plan at the first-ever White House cryptocurrency summit this Friday, marking a significant shift in U.S. crypto policy. In an interview, Lutnick said: "The president truly believes we should establish a strategic reserve for Bitcoin. As for how other cryptocurrencies will be handled, I think the relevant framework will be unveiled on Friday."
Lutnick further explained that Bitcoin would hold a unique status under Trump's plan, while other crypto tokens would receive "positive but different" treatment. Previously, Trump posted on Truth Social: "The U.S. crypto reserve will elevate this critical industry. My digital assets executive order has directed the presidential working group to advance a crypto strategic reserve including XRP, SOL, and ADA. I will ensure America becomes the world's cryptocurrency capital."
