The White House has unveiled a 163-page report outlining its crypto strategy, but it provides few surprises and little clarity on the much-anticipated Bitcoin Strategic Reserve plan.
The report, released Wednesday, consolidates existing policies and initiatives rather than presenting new revelations. It primarily echoes familiar regulatory themes while offering scant details on how the federal government intends to manage or grow its crypto reserves.
Administration officials described the document as a “progress guide” for ongoing efforts, marking a stark shift from the Biden-era approach. So far, legislative moves like the GENIUS Act, which regulates U.S. stablecoin issuers, and the Clarity Act, aimed at broader crypto market rules, have already gained significant traction in Congress.
However, Trump’s previous call for building federal crypto stockpiles, including separate reserves for bitcoin (BTC) $BTC
and other digital assets, is mentioned only briefly on the final page—without substantial updates. Officials confirmed the infrastructure for these reserves is underway but withheld further specifics.
Bo Hines, Trump’s senior crypto adviser, hinted earlier this month that details may remain classified for now, disappointing many in the crypto sector who were hoping for transparency in this report.
The stakes are high: early plans to rely solely on government-seized assets drew criticism but also suggested potential expansion through legislative support. Senator Cynthia Lummis continues to champion the BITCOIN Act, designed to formalize this reserve, though it remains stalled.
A Regulatory Call to Action
The report also urges agencies like the SEC and CFTC to adopt a “pro-innovation mindset” and accelerate their work on crypto frameworks. This aligns with Trump’s pledge to position the U.S. as the “crypto capital of the world.”
While the industry had hoped for greater transparency on federal bitcoin holdings, this strategy solidifies the administration’s intent to push forward on crypto regulation and infrastructure—even if key details remain under wraps for now.#FOMCMeeting #BinanceHODLerTree #bitcoin #TrumpNFT
