#WhiteHouseDigitalAssetReport Digital Asset Report of the White House, released on July 30, 2025

Below are the details of the Digital Asset Report of the White House, released on July 30, 2025, under the administration of President Trump:

📘 Report Overview

This 160-page report was published by the President's Working Group on Digital Asset Markets, established by Executive Order 14178 in January 2025.

It outlines a broad framework to make the U.S. a global leader in crypto—calling it the **“Golden Age of Crypto.”**

Key topics discussed:

Market structure framework for trading platforms

Oversight of stablecoins and securities (the role of SEC vs. CFTC)

Consumer protection and illegal financial practices

Tax policy, custody, banking access, and cybersecurity

🧱 Key Policy Highlights

✅ Regulatory Clarity & Support for Innovation

Recommends a legal taxonomy for crypto assets to provide clearer definitions of securities vs. commodities.

Supports a regulatory sandbox for fintech innovation, and a safe space to accelerate new products.

Encourages coordination among the SEC, CFTC, Department of Treasury, and IRS to reduce overlap and enhance clarity.

🏦 Banking Access & Financial Inclusion

Proposes a pathway for banks and payment systems to legally interact with crypto companies.

Aims to reduce compliance barriers and expand treasury services for crypto businesses.

🪙 Stablecoin Framework

Recommends structural support for the GENIUS Act, a new law regulating payment stablecoins.

Encourages swift action on the CLARITY Act to define oversight and prevent the development of CBDC.