One of the first steps after the establishment of a US strategic Bitcoin Reserve and a separate stockpile of other digital assets will be an audit of how much cryptocurrency the government holds, according to White House crypto czar David Sacks.

Bitcoin reserve, tax reforms, and regulatory clarity are potentially the three major agendas at Trump's White House Crypto Summit.

Attendees expect the event to focus on Trump's plans to build a strategic reserve containing bitcoin and four other coins.

President Trump met with crypto executives at the White House for its first-ever crypto summit on Friday. It came after Trump signed an executive order to establish a strategic bitcoin reserve for the US on Thursday evening.

President Trump is pushing for a cryptocurrency reserve, and digital currency enthusiasts are hopeful. But critics are still wary of the speculative tender.

Cryptocurrency prices fell on Monday as volatility in prices continued after an executive order signed by President Donald Trump to create a U.S. strategic bitcoin reserve disappointed investors. Bitcoin,

Bitcoin saw a significant decline on Monday as price volatility persisted following President Donald Trump's executive order to establish a strategic Bitcoin reserve for the United States. The world's largest cryptocurrency fell over 6.