The White House is all set to drop its first full crypto policy report. This comes after a big week of crypto legislation and regulatory breakthroughs.
On January 23, 2025, President Trump signed an executive order titled “Strengthening American Leadership in Digital Financial Technology” to position the U.S. as a global leader in the crypto space. The order also revoked Biden’s 2022 crypto order (EO 14067) and blocked any plans to create a government-run digital dollar (CBDC).
The White House had ordered a full crypto policy report to be submitted within 180 days, and the deadline has now arrived. It is all set to release its first-ever crypto policy report on July 22.
A special Working Group, made up of the Treasury, DOJ, and other federal agencies, has been tasked with writing the report. It will go to the President through APEP and will include recommendations on laws and regulations to guide U.S. crypto policy.
The major focus will be on creating a clear federal framework for digital assets, including stablecoins. The report will consider market structure, oversight, risk management, and consumer protection.
The group will also explore how the government might create and manage a digital asset stockpile, possibly using crypto seized through law enforcement actions. It will also seek input from the public and experts in crypto and digital assets.
Last week, the White House dubbed it “Crypto Week” as it took major steps in the U.S. crypto policy. President Trump signed the GENIUS Act into law, creating the first U.S. regulatory framework for dollar-pegged stablecoins. This is seen as a major win for the crypto industry, aiming to bring stablecoins into mainstream finance for everyday payments.
The Clarity Act and the Anti-CBDC Act also passed the House and await Senate approval. These developments mark a major shift in how the U.S. approaches crypto. With stablecoin rules now the law and major bills advancing in Congress, digital assets are no longer on the sidelines.
The report will propose clear rules for digital assets, stablecoins, and explore managing a federal crypto stockpile.
Trump’s order revoked Biden’s crypto order, blocked a government-run CBDC, and aimed to boost U.S. crypto leadership.
The GENIUS Act creates the first U.S. regulatory framework for stablecoins, allowing dollar-pegged tokens for everyday payments.
The total crypto market cap dropped over 4.2% on Thursday to hover about $3.8 trillion…
The volatile cryptocurrency market has been witnessing a great deal of volatility in XRP in…
A Token That Exploded Overnight The crypto world was shaken when Aster (ASTER) skyrocketed nearly…
The hunt for the next meme rocket is back on, with Telegram rooms, X Spaces,…
Whale Moves Badly Shake Confidence in XRP The crypto market was once again reminded of…
Dogecoin (DOGE) may still dominate headlines, but its size makes it increasingly difficult for investors…
