News View Non-AMP

US Crypto Report Set for July 22, Eyes Bitcoin Reserve Without Taxpayer Burden

Published by
Zameer Attar

The Trump administration is taking another big step toward making the U.S. a global leader in cryptocurrency. Its Digital Asset Task Force is preparing a new crypto policy report, which is expected to be submitted on July 22.

This move follows an executive order signed by President Donald Trump in January, focused on strengthening America’s position in the crypto industry and pushing the country closer to becoming the world’s “crypto capital.”

Proposal for a Strategic Bitcoin Reserve Funding

The comprehensive crypto report may propose a fundraising plan for a strategic bitcoin reserve that does not increase the burden on taxpayers, as reported by industry insiders. However, the details of the report have not been disclosed yet. 

If, ultimately, the proposal for fundraising for the Bitcoin reserve is finalized, the American government will acquire even more power in the digital assets arena. The US’s leadership in the cryptocurrency sector will be redefined with a new crypto report. 

New Crypto Regulatory Report in the US

The US federal crypto leaders David Hacks and Bo Hines, along with the senior officials from the Treasury, Commerce Department, SEC, and CFTC, collaborated to form a new crypto report for America. The report is likely to suggest major actions like–

  • Forming ideas for a strategic Bitcoin reserve fundraising: not confirmed yet.
  • Creating a federal digital asset framework for stablecoin: suggested by the US Congress
  • Giving equal access to crypto companies to relish banking services from institutions like the Federal Reserve: Promoting fair access to banking services

“Cryptocurrency Roadmap” in Digital Assets Report

Caroline Pham, the acting Chair of CFTC and task force member called the report a “ cryptocurrency roadmap” as it will highlight the efforts put in by US officials. The report is expected to include regulatory and legislative recommendations as the officials are exploring the establishment of a national digital asset reserve, which Trump established in March. 

Final Thought

The US administration’s proactive stance on crypto addresses the challenges and opportunities in cryptocurrency. Recently, the administration also declared a ‘crypto week’ on July 14.  The US officials stated that the crypto report moment could be a key moment to influence Trump’s election. 

Zameer Attar

Zameer is a financial analyst and writer with a particular interest in cryptocurrency markets. He has been studying cryptocurrencies and their market behavior for several years and deeply understands the factors that affect the price of cryptocurrencies. His expertise lies in his ability to use both technical and fundamental analysis to make informed predictions about the future direction of cryptocurrency prices. He has a strong understanding of market sentiment and uses this to inform his trading decisions and price predictions.

Recent Posts

4 Strong Signs Say Bitcoin To See Massive Rally In October

Bitcoin's price dipped slightly after the Fed held off on rate cuts, but don’t be…

July 31, 2025

US Hits Fast-Forward on Crypto ETFs and Clarity

In the last 24 hours, there have been some important developments in the cryptocurrency domain.…

July 31, 2025

SharpLink Gaming Adds $43M to Ethereum Holdings

SharpLink Gaming recently acquired 11,259 ETH for $43.09 million at a price of $3,828 each.…

July 31, 2025

xTAO Becomes Largest Public Holder of TAO Token

Bittensor-focused public firm xTAO has announced it is now the largest publicly traded holder of…

July 31, 2025

250 BTC from Satoshi-Era Wallets Move After 15 Years of Silence

In a surprising move, 250 Bitcoin, valued at around $29.64 million, were transferred from five…

July 31, 2025

Bitcoin Price Prediction 2025, 2026 – 2030: How High Will BTC Price Go?

Story Highlights Bitcoin is currently trading at: Predictions suggest BTC could reach $175K in 2025.…

July 31, 2025