#WhiteHouseDigitalAssetReport (Report on Digital Assets from the White House), published on July 30, 2025, by the Presidential Task Force on Digital Asset Markets under Executive Order 14178:
📘 Official summary in English
🏛️ 1. General framework
The report positions the U.S. as the future "global crypto capital."
It completely rejects the creation of a central bank digital currency (CBDC).
It promotes pro-innovation, technologically neutral policies that do not hinder the development of Web3, DeFi, or blockchain.
⚖️ 2. Regulatory recommendations
Clarifies jurisdiction between the SEC (Securities and Exchange Commission) and the CFTC (Commodity Futures Trading Commission).
The CFTC would gain control over spot markets for digital assets not classified as securities.
Encourages regulatory testing zones (sandboxes) for crypto startups.
Modernizes banking rules so that banks can offer services with tokenized assets and cryptocurrencies.
🏛️ 3. Legislative support
Fully supports two key laws:
GENIUS Act: regulates the use and backing of stablecoins.
Clarity Act: clearly defines what a security token, consumer token, or commodity token is.