White House to Unveil Major Crypto Policy Report: Here Are the Reasons It Matters

White House to Unveil Major Crypto Policy Report: Here Are the Reasons It Matters

Following the passing of major market structure measures such as the CLARITY Act, the White House is laying the groundwork for a new era of cryptocurrency regulation.

According to Fox Business writer Eleanor Terrett, the White House plans to release its first crypto policy paper on July 21. As the Senate focuses on crypto market structure laws, the prospective report is expected to reshape the sector.

Executive Order 14178: A Turning Point in U.S. Crypto Policy

Significantly, the next White House crypto report originates directly from Executive Order 14178, which was issued on March 9, 2022. Titled “Ensuring Responsible Development of Digital Assets,” this order was a watershed moment in the US government’s approach to cryptocurrency, moving from a reactive to a proactive position.

It seeks to consolidate digital asset policy across federal departments, therefore consolidating the United States’ leadership in the global crypto economy.

Timing Aligns with Crypto Legislative Momentum

The timing of this action is very important. The US House’s “Crypto Week” concluded on a positive note, with the adoption of key laws like the GENIUS and CLARITY Acts, increasing confidence in the domestic crypto sector.

Meanwhile, the White House Digital Asset Market Working Group plans to build on this momentum with its July 22 policy report. The study is likely to include major regulatory and legislative suggestions, such as establishing a national digital asset reserve and ensuring crypto businesses have fair access to financial services.

What the Policy Report Will Likely Address

Furthermore, the crypto policy study and subsequent market structure laws may include viable solutions to:

• Combat crypto crimes and national security threats
• Investigate the role of CBDCs
• Encourage energy-efficient mining techniques

Significantly, the study will emphasize the creation of a complete government framework for digital assets, including stablecoins, with a focus on critical areas like market structure, monitoring, risk management, and consumer protection.

Focus on Digital Asset Stockpile and Industry Feedback

It will also look at the possibility of creating and managing a digital asset stockpile, which could include cryptocurrency assets seized by law enforcement. The project will also solicit feedback from the public and industry professionals to influence its suggestions.

White House’s Public Commitment to Crypto in 2025

On January 2, 2025, the White House issued an official statement on the government’s interest in cryptocurrency. The essay claims that the US economy, innovation, and global leadership all depend on the digital asset industry.

My Administration’s objective is to promote the responsible growth and usage of digital assets, blockchain technology, and similar technologies in all areas of the economy.

Tax Reforms and De Minimis Exemption

As part of the country’s crypto goals, President Trump intends to remove the capital gains tax on Bitcoin and other cryptocurrency payments. CoinGape claimed that the White House just confirmed Trump’s “de minimis exemption” intentions.

Why This Crypto Policy Report Matters

Notably, the White House’s crypto policy report on July 22 is expected to have far-reaching repercussions for cryptocurrency firms and digital asset platforms. It is the US government’s first complete policy framework for digital assets, bringing much-needed clarity to crypto firms and investors.

Caroline Pham, the interim Chair of the CFTC and a task force member, described the crypto policy study as a “cryptocurrency roadmap.” She grounds her comment on the fact that the report would emphasize US authorities’ efforts to advance the country’s crypto leadership.

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