White House Crypto Report Drops – But Where’s the Bitcoin Reserve Plan?
TLDR
- Trump’s Working Group on Digital Assets released a 163-page crypto report outlining policy recommendations for US cryptocurrency regulation
- The report calls for clear definitions of which cryptocurrencies are securities versus commodities, with CFTC overseeing spot crypto markets
- Banking regulations should be eased to allow banks to custody crypto and provide digital asset services to customers
- The report supports stablecoins to protect US dollar dominance but opposes central bank digital currencies
- No new details were provided about the promised Bitcoin Strategic Reserve or crypto stockpiles
The Trump administration has released its most detailed cryptocurrency policy document to date, but the 163-page report…