The first encryption report from the White House is set to be released on July 30. What policy signals will it send?



This morning, Bo Hines, the Executive Director of the Trump Digital Asset Advisory Committee, announced via the X platform that the White House's first encryption policy report is scheduled to be released on July 30.

This report is the result of 180 days of effort by the President's Working Group on Digital Assets, led by David Sacks and Bo Hines, and it is the first time the U.S. government has systematically proposed a policy framework for the encryption currency sector.

At the same time, senior officials from multiple key departments, including the Ministry of Finance, the Ministry of Commerce, the Securities and Exchange Commission, and the Commodity Futures Trading Commission, were also involved in the preparation of the report, aiming to ensure the breadth and depth of inter-departmental cooperation.

The release of this report is in response to the executive order signed by President Trump in January this year, which aims to strengthen the United States' global leadership in the encryption field.

Although the specific details have not been made public, sources indicate that the report will propose recommendations for cryptocurrency regulation and legislative proposals, likely focusing on establishing a federal regulatory framework for stablecoins and concrete plans for national digital asset reserves.

In addition, the Trump administration established a national digital asset reserve in March of this year. The report may also further explore how to establish a national Bitcoin strategic reserve without increasing the burden on taxpayers.

At the same time, the U.S. Congress is actively advancing several pieces of encryption legislation. The "GENIUS Act" establishes a framework for stablecoins, the "CLARITY Act" clarifies asset classification, and the "Anti-CBDC Surveillance State Act" prohibits central banks from issuing CBDCs. These legislations also synergize with the upcoming White House report, collectively forming an important pillar of the U.S. encryption regulatory system.

Market participants generally believe that the release of this report will become an important milestone in the history of cryptocurrency development in the United States. It will not only provide clear policy guidance for the development of digital assets in the U.S., but it may also have a profound impact on the global cryptocurrency regulatory landscape.

However, it is particularly important to remind investors to stay rational, as the risks in the encryption currency market still exist, and this policy information should not be considered as investment advice.

What are your expectations for the White House's encryption policy report on July 30? What specific impacts and policy changes will the report bring to the industry?

#加密货币监管 # White House Report
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