Bitcoin surges back to $88,000 as Trump eyes special status in his strategic crypto reserve
Business
In This Story COIN -0.51% HOOD -0.37% Despite fierce backlash from the cryptocurrency community over his proposed strategic crypto reserve , President Donald Trump is set to unveil plans for it at the White House Crypto Summit on Friday. Commerce Secretary Howard Lutnick said Bitcoin would receive a “unique status” under Trump’s framework, while other cryptocurrencies would be regulated differently. Suggested Reading Stagflation fears rise as a brutal jobs report follows new tariffs The Boeing
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