Washington D.C. – The White House, under the Trump administration, released its highly anticipated comprehensive digital asset policy report on July 30, 2025, outlining a detailed roadmap for cryptocurrency regulation and aiming to solidify the United States' leadership in the digital economy. The report, stemming from a January executive order, was widely disseminated, with CoinDesk urging its readers to delve into the full document via a tweet: > "Read the full report 📰👇 https://t.co/F6uQMhGyUg".
The extensive 160-page report is the culmination of six months of work by the President’s Working Group on Digital Asset Markets, established by President Donald Trump shortly after taking office. This initiative follows Trump’s campaign pledge to transform the U.S. into the "crypto capital of the world," marking a significant shift from previous administrations' more cautious approaches to digital assets. The report seeks to provide regulatory clarity and foster innovation within the burgeoning crypto sector.
Key recommendations within the report urge federal regulators, specifically the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), to utilize their existing authorities to facilitate federal-level trading of digital assets. It also emphasizes the importance of a clear regulatory framework for stablecoins, building upon the recently signed GENIUS Act, which creates the first federal regulatory framework for these dollar-pegged cryptocurrencies. The administration believes widespread adoption of dollar-backed stablecoins will modernize payment infrastructure.
A notable, yet less detailed, aspect of the report touches upon the concept of a strategic Bitcoin reserve and a broader U.S. digital asset stockpile. While the January executive order had mandated an audit and potential establishment of such a reserve, possibly utilizing cryptocurrencies seized by law enforcement, the July 30 report did not offer new specifics on this controversial plan. This omission left some industry observers seeking further clarity on the government's approach to its existing crypto holdings.
Industry stakeholders have largely welcomed the report, viewing it as a crucial step towards legitimizing digital asset markets by providing much-needed legal and regulatory certainty. White House officials have touted the document as "the most comprehensive piece of work on digital assets that's ever been produced," asserting its potential to usher in a "golden age of crypto" in America. The report is expected to set a precedent for future legislative and regulatory developments, influencing how digital assets are perceived and integrated into the U.S. financial system.