Trump reiterates he will not use taxpayer funds to acquire digital assets

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MarsBit
03-08
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According to Mars Finance news, US President Trump held his first summit at the White House, focusing on his government's digital asset reserve plan to attract the elite of the cryptocurrency industry. The main focus of the summit was Trump's goal of establishing a strategic reserve containing Bitcoin, which he formally announced in an executive order on Thursday. Trump said at the summit: "We don't want taxpayers to pay any cost." David Sachs, the White House's cryptocurrency affairs official, told reporters, "Establishing a Bitcoin reserve should have been done a long time ago. Taxpayers' funds will not be used to acquire digital assets, and existing safeguards can protect consumers from the impact of cryptocurrency investments." (Jinshi)

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