
White House to Release Crypto Report July 30 with Potential Bitcoin Reserve Disclosures
The White House will publish its highly anticipated digital asset report on July 30, which may detail plans for a national strategic Bitcoin reserve and stockpile, as well as recommendations for crypto regulation. The report has been mandated by President Trump’s January 23 executive order.
According to Bo Hines, Executive Director of the President’s Council of Advisors for Digital Assets, the 180-day report will be released publicly on July 30th. Hines tweeted, “America is now leading the way on digital asset policy 🇺🇸” indicating that the White House’s digital asset report has been completed.
The report is expected to provide regulatory and legislative recommendations regarding stablecoins, market structure, oversight, and consumer protection. Furthermore, it may include proposals for a national digital asset stockpile and strategic Bitcoin reserve. The Working Group was initially tasked with creating a federal stablecoin framework; however, this objective has since been addressed through the passage of the GENIUS Act last week.
Sources also suggest that the report might contain national security proposals focused on illicit finance and sanctions evasion, as well as recommendations for expanding Federal Reserve banking access for crypto firms.
Source: cryptobriefing.com