The White House hasn't released a digital asset report on August 1, 2025. However, recent developments suggest the administration is actively working on cryptocurrency regulations and policies. Here's what's been happening ¹ ² ³:
- *Strategic Bitcoin Reserve*: President Trump signed an executive order on March 6, 2025, establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. The reserve will hold seized bitcoin, while the stockpile will manage other digital assets.
- *Regulatory Framework*: The administration aims to create a clear regulatory framework for digital assets, with a focus on promoting innovation and protecting consumers. This includes legislation like the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, signed into law last week.
- *Upcoming Policy Report*: The White House is expected to release a virtual asset policy report, which may provide further direction on digital asset regulations and policies.
Some key aspects of the administration's digital asset policy include ³ ¹:
- *Support for Dollar-Backed Stablecoins*: Promoting the development and growth of stablecoins pegged to the US dollar.
- *Opposition to CBDC*: Firm opposition to a US central bank digital currency (CBDC), citing concerns over financial privacy and centralized control.
- *Clear Regulatory Guidance*: Establishing clear jurisdictional boundaries and regulatory frameworks for digital assets.
These developments indicate a shift towards clearer regulations and increased adoption of digital assets in the US. However, the specifics of the policy report and its impact on the market remain to be seen.
