Crypto:
36635
Bitcoin:
$92.133
% 1.08
BTC Dominance:
%58.7
% 0.13
Market Cap:
$3.14 T
% 1.16
Fear & Greed:
28 / 100
Bitcoin:
$ 92.133
BTC Dominance:
% 58.7
Market Cap:
$3.14 T

US Crypto Report Coming Tomorrow: What Is This Report? 

crypto news

The US is entering a new era in cryptocurrency regulation. The White House will release its first official crypto policy report on July 30. This report marks a significant turning point not only for the US but also for global markets. 

The White House team prepared the new report based on Presidential Executive Order 14178. The 180-day review process began with the order titled “Advancing American Leadership in Digital Financial Technology.” 

Within this scope, many critical issues were addressed, ranging from regulatory clarity and consumer protection to stablecoin reforms and a strategic Bitcoin reserve. 

Strategic Bitcoin Reserve and Stablecoin Reform on the Agenda 

The most notable headline in the report is the creation of a “US Strategic Bitcoin Reserve.” It is discussed that approximately 200,000 BTC held by the Department of Justice may be used for this reserve. This move could position Bitcoin as a national strategic asset. Thus, not only the market but also central bank policies could be affected by this development. 

Additionally, stablecoin regulation is being completely overhauled. Under the new structure, supervision will shift away from the SEC or CFTC to the Fed, FDIC, and OCC. This will integrate stablecoins into the formal financial system. Meanwhile, licensing requirements and reserve backing for issuers will also be addressed. 

On the other hand, a potential digital dollar ban under the Anti-CBDC Act is also on the table. Lawmakers might remove the digital dollar issuance from the agenda through this ban. 

Clear Rules for Crypto Sector by Authorities 

One of the biggest issues for crypto exchanges and investors — regulatory uncertainty — will largely disappear with this report. The new framework sets clear rules on AML/KYC compliance, auditing, and reserve transparency. 

Moreover, authorities are taking concrete steps to sever the links between crypto assets and crimes such as terrorist financing and money laundering. These measures strengthen national security and boost investor confidence. 

The report also opens new opportunities for companies like Ripple and Circle to access Fed payment systems. In other words, crypto companies will become integrated with the traditional financial system. 

The White House crypto policy report provides the long-awaited legal clarity for investors. Steps like the US strategic BTC reserve and stablecoin infrastructure could steer the industry in a new direction. Additionally, this policy set could serve as a model for other countries. Therefore, this is a historic turning point for not only the US but the entire global crypto industry.


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