The report titled "Strengthening American Leadership in Digital Financial Technology," prepared by the US Presidential Digital Asset Markets Working Group and published on July 30, 2025, signifies what cryptocurrencies mean.
I will explain this report to you item by item, and while doing so, I will also address the TR compliance, which I solely use in Turkey.
📌 Highlights Regarding Crypto in the US Digital Assets Report
🔹 Token Types: Digital assets are clearly categorized into: security tokens, commodity tokens, and utility-focused tokens. The report details which type falls under the jurisdiction of which regulatory body.
🔹 Regulatory Task Sharing: To eliminate regulatory uncertainties in the crypto market, the boundaries of responsibility between the SEC and CFTC are defined. It is anticipated that the CFTC will oversee digital assets that do not qualify as securities.
🔹 Stablecoin Rules: New regulations are proposed regarding issuers maintaining their reserves transparently and reliably, and protecting user rights. Additionally, serious concerns are raised regarding the central bank digital currency (CBDC) of the US; it is argued that it should be completely banned for reasons of privacy and freedom.
We already know this from BinanceTR's stance against $FDUSD in recent months. Even before the US made regulations regarding this, they had a scrutiny policy that paid attention to it. Transparency and reserves were their primary demands.
🔹 Combating Financial Crimes: New measures such as detailed analysis of blockchain transactions against money laundering and terrorist financing risks and reporting of risky transactions are planned.
Again, this is a topic we have witnessed firsthand with BinanceTR in previous periods. There has always been a protective stance against money laundering while working closely with governments. In fact, after many frauds and hacks, they even froze transferred funds and shared information with the authorities.
🔹 Tax Issues: An update of IRS guidelines is requested to clarify the taxation principles in areas such as cryptocurrency trading, staking income, and token conversion transactions.
🔹 Innovative Financial Products: Regulatory exemption programs are proposed for financial technology companies to test their new products. This way, both investors will be protected and innovations will be promoted.
🔹 Strategic Crypto Reserve: Although the idea of creating a strategic Bitcoin reserve by the Trump administration is on the agenda, there is no concrete plan on how this will be achieved in the report. How the crypto assets held by the federal treasury will be managed remains uncertain.
🔹 Although the report touches on consumer protection policies, it does not elaborate on how this will be achieved, yet Binance TR is still taking the lead in this area.
In summary, the regulatory practices of the US are promising for #Crypto. Although it may seem like sanctions, it is evident that there is an effort to provide a safe environment. Therefore, these should be seen as an embrace rather than a sanction regulation. It is significant that exchanges start to act in accordance with this report. This way, we can progress with a cleaner crypto, integrated with financial sectors.