Odaily News Well-known trader Eugene Ng Ah Sio recommended an analysis article about the White House Crypto Summit on the social platform, calling it an "excellent analysis". The article focused on analyzing the Trump administration's latest crypto policy. The US government's latest crypto policy strengthened Bitcoin's dominance and proposed the concept of "Digital Fort Knox", planning to convert confiscated crypto assets into BTC to further consolidate its "digital gold" attributes.
According to analysis, the policy mainly ensures that the crypto industry is no longer suppressed, including stopping bank bans and providing a certain degree of regulatory clarity, but it does not prioritize the development of the crypto industry, nor does it involve payment, DeFi and other fields. At the same time, Altcoins (such as XRP, ADA, SOL) have not received clear support, and future regulation remains uncertain.
In addition, members of the Trump family have previously voiced their support for Altcoins and hinted that they may promote a "tax-free cryptocurrency" policy, but Trump adviser David Sacks denied the claim and stressed that the crypto policy will not favor specific tokens. The market expects that if the divisions within the Trump team increase, future policy adjustments may still be possible.
