Authored by 'Vivek Sen Bitcoin' via BitcoinMagazine.com,

Commerce Secretary Howard Lutnick revealed in an interview on Tuesday that President Donald Trump plans to announce a bitcoin strategic reserve later this week.

Speaking to independent news outlet The Pavlovic Today, Lutnick stated that the President "definitely thinks there's a bitcoin strategic reserve" and will unveil plans for it during the White House's inaugural crypto summit on Friday.

Lutnick hinted that bitcoin would have a "unique status" compared to other cryptocurrencies under the reserve framework. 

"Bitcoin is one thing, and then the other currencies, the other crypto tokens, I think, will be treated differently—positively, but differently," he remarked.