The U.S. White House has issued a major digital asset policy report, titled “Strengthening American Leadership in Digital Financial Technology,” outlining a comprehensive national strategy to advance the U.S. position in blockchain and tokenized finance [1]. The 166-page document, led by David Sacks and Bo Hines, consolidates input from Treasury, Commerce, the SEC, and the CFTC, and emphasizes a unified regulatory framework, innovation support, and modernized oversight mechanisms [1].

A key expectation for the report was to provide actionable details on a national Bitcoin reserve—a concept first proposed in January when President Trump issued an executive order establishing an interagency working group on digital assets and…