#Binance
The White House has released a comprehensive report on digital assets, outlining a national strategy to position the US as a global leader in blockchain, crypto markets, and tokenized finance. The 166-page report proposes several key reforms, including :
Unified Federal Framework - A unified federal licensing regime to reduce regulatory fragmentation and support innovation.
Public-Private Partnerships - Collaborations to accelerate blockchain infrastructure and tokenized financial markets.
Research and Development - Federal R&D funding for open-source smart contracts and on-chain data systems.
AI-Powered Oversight - Implementing AI-driven compliance tools to improve supervision in decentralized markets.
Safe Harbor for Startups - Providing a safe harbor for startups to experiment without immediate regulatory constraints.
The report also recommends :
Self-Custody Rights - Affirming the right to self-custody digital assets without intermediaries.
CFTC Authority - Granting the Commodity Futures Trading Commission authority over non-security spot markets.
Updated Tax Guidance - Clarifying tax policies on digital assets, including wrapping transactions and unrealized gains.
Regarding the Strategic Bitcoin Reserve, the report doesn't provide new details but mentions that the Treasury Department is working on it, with more information expected soon. The reserve would be capitalized by forfeited digital assets and maintained as reserve assets of the United States .