- The White House plans to reveal a crypto report proposing a national digital asset reserve.
- The report will detail how seized crypto assets could back a strategic U.S. treasury reserve.
- It includes legal frameworks for stablecoins and aims to secure U.S. leadership in crypto.
The White House is preparing to release its first full crypto policy report under the Trump administration. A senior official confirmed it will be made public before the end of July. This marks a key moment in shaping the national crypto strategy. The report follows an executive order issued in January focused on U.S. crypto leadership. It reflects months of input from Treasury, the SEC, and the CFTC.
A First-of-Its-Kind Federal Crypto Blueprint
The President’s Working Group on Digital Assets, co-led by David Sacks and Bo Hines, drafted the report. It outlines coordinated federal policy for crypto markets, including stablecoin rules and national reserves. The report also builds on the GENIUS Act passed earlier this month.
According to sources, it includes plans for a national digital asset stockpile and a strategic Bitcoin reserve. These measures aim to align with the Trump administration’s broader economic strategy. Officials say the national reserve could use seized crypto assets. This reserve would serve both economic and security roles.
The report offers a roadmap for crypto integration into federal infrastructure. It also recommends new laws to govern stablecoins and define digital assets. Agencies will use this report to coordinate oversight, improve inter-agency cooperation, and fill regulatory gaps.
Focus on Market Integrity and Global Positioning
The White House wants to position the U.S. as a global crypto leader. This involves consumer protection policies on the national scale to promote innovation and risk monitoring. There is also an appeal in the report to have increased access to banks by crypto firms. It criticizes the discriminatory practices of traditional banks and favors fairer treatment.
Some proposals may ease restrictions on crypto startups while improving transparency. These reforms aim to strike a balance between compliance and growth. The plan also supports the idea of federal use of blockchain information to prevent sanctions evasion and financial crime. This comes as law enforcement continues to track illicit crypto use.
Other sections focus on market structure, taxation, and industry classifications. Such modifications would limit uncertainty and foster legality. The report promotes uniformity in agency regulations and responsibilities.
Related: Trump’s Pro-Crypto Support Grows with 2018 Senate Video Clip
Next Steps and Global Impact
The Senate Banking Committee is preparing its own draft for market structure reform. It will likely draw from this report. The CFTC may soon have new leadership as Brian Quintenz’s nomination moves forward. He is expected to support stronger market controls. Congress will review the White House report alongside recently passed bills like the GENIUS Act, which passed both the House and Senate, and the CLARITY Act, which is now under Senate consideration. These actions reflect a bipartisan movement on crypto regulation.
On a global scale, this indicates that the U.S. is poised to compete in digital asset innovation. Other economies, such as China and the EU, have already established frameworks in this area. The report also considers central bank digital currencies (CBDCs), examining their use in payments, cross-border trade, and monetary policy.
While the U.S. has not issued a CBDC, the working group recommends further study. Officials want to understand its effects on privacy and financial stability. The White House views this report as more than a regulatory update. It sees it as a foundation for long-term crypto leadership.
This month’s release marks the first full crypto framework from the Trump administration. It signals a pivot toward a proactive digital asset strategy. The industry now waits for final details and formal publication. Market participants expect this report to shape U.S. crypto policy for years.
