Here’s the latest on the White House Digital Asset Report (also known as the White House Crypto Policy Report), released today:
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📄 Key Takeaways
Overview
The administration unveiled a 160–168‑page report from the President’s Working Group on Digital Asset Markets, launched per Trump’s January Executive Order EO 14178, *“Strengthening American Leadership in Digital Financial Technology”* .
Authorities describe it as the most comprehensive digital asset policy document ever produced by the U.S. .
Regulatory & Legislative Proposals
Advocates for congressional passage of the CLARITY Act, which clarifies whether the SEC or CFTC regulates specific digital assets and empowers the CFTC to oversee spot markets for non‑security tokens .
Encourages adoption of the GENIUS Act to formalize regulatory rules for dollar-backed stablecoins and allow broader Fed payment rail access .
Urges regulators to create innovation‑friendly sandboxes and safe harbors, streamline custodial guidance, and ease banking compliance hurdles .
Market Reform & Consumer Protections
Calls for clearer rules on crypto registration, taxation, wash-sales, and DeFi disclosure, including extending wash-sale rules to digital assets .
Seeks repeal of regulatory efforts dubbed “Operation Choke Point 2.0,” insisting banks should legally serve crypto firms .
Strategic Bitcoin Reserve / Asset Stockpile
The report references the Strategic$BTC
Bitcoin Reserve and Digital Asset Stockpile launched via Trump’s March 2025 executive order — funded with forfeited BTC and other crypto assets held by the U.S. government .
However, today’s report provides no new details or timeline regarding further asset acquisitions, operational strategy, or public offering of reserve funds .
Policy Framing
The administration frames crypto as vital for American innovation, economic modernization, and reaffirming the U.S. as the “crypto capital of the world.” It emphasizes that grassroots crypto builders deserve policy clarity and recognition