110
The President’s Working Group on Digital Asset Markets will release its long-awaited crypto policy report on July 30, according to Bo Hines, Executive Director of the President’s Council of Advisors for Digital Assets.
Mandated by President Trump’s January 23 executive order, the report is expected to lay out regulatory and legislative recommendations on stablecoins, market structure, oversight, and consumer protection. Eleanor Terrett reported earlier in the week that while details remain limited, the report may also include proposals for a national digital asset stockpile and a strategic Bitcoin reserve.
While the Working Group was originally tasked with crafting a federal stablecoin framework, that objective has since been addressed through the passage of the GENIUS Act last week. Terrett also noted that the final document may include national security proposals focused on illicit finance and sanctions evasion, as well as recommendations for expanding Federal Reserve banking access for crypto firms.
