The White House Crypto Summit is not expected to include any announcements regarding capital gains tax exemptions, according to multiple reports

U.S. House Financial Services Committee Chairman French Hill has issued a statement encouraging President Trump to collaborate with Congress on establishing a Strategic Bitcoin Reserve and Digital Asset Stockpile.

According to CNBC, China and several Middle Eastern countries are exploring a potential strategy for acquiring Bitcoin

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Bhutan's Prime Minister Tshering Tobgay has disclosed that the country's Bitcoin reserves have been instrumental in financing national expenses, including salaries for public servants, healthcare, and environmental projects

European Central Bank (ECB) President Christine Lagarde stated that the institution cannot proceed with the development of a digital euro until the necessary legislation is completed by both the European Commission and the European Parliament

Sam Altman's blockchain venture, World Network, has launched a new messaging feature called World Chat

The Cardano Foundation has announced a partnership with Serpro, the largest state-owned IT company in Brazil, to promote the adoption of blockchain technology within the public sector

Emirates NBD, Dubai's largest and government-owned bank, has launched cryptocurrency trading services through its digital banking subsidiary, Liv

"If the government had held the bitcoin, it would be worth over $17 billion today," Sacks noted.