Trump's Crypto Task Force is about to release a report: Expectations for Bitcoin reserves and clear regulations

The digital assets task force of President #DonaldTrump has completed the 180-day report and will announce it on July 30. This report is expected to provide recommendations on digital asset policies, including stablecoin oversight, token classification, and law enforcement reform following the GENIUS and CLARITY acts.

Bitcoin reserves from seized assets and transparent regulations

One of the most anticipated elements is the report's proposal to establish a national Bitcoin reserve. Instead of purchasing $BTC on the market, this reserve could be formed from digital assets seized by the government. This would allow the U.S. to have a sovereign approach to crypto without competing in volatile markets.

David Sacks, "head of AI and crypto," along with Bo Hines, leads this task force, which includes senior officials from the Treasury Department, SEC, CFTC, and DOJ. Experts predict the report will suggest a pragmatic approach: avoiding #CBDC retail due to privacy concerns, promoting USD-pegged stablecoins with clearer regulations, and focusing on international cooperation.

The main goal of the report is to provide regulatory clarity, which, according to Monica Jasuja from the Emerging Payments Association Asia, will position the U.S. as the "global leader in digital financial infrastructure." This is an important step to fulfill President Trump's promise of turning the U.S. into the "crypto capital of the world."