- Presidential Working Group to deliver comprehensive digital asset policy report.
- Framework bans retail CBDCs while promoting USD-backed stablecoin adoption.
- Strategic Bitcoin reserve and token classification guidance are expected in the document.
President Donald Trump’s highly anticipated digital asset policy report will be released on July 30, meeting the 180-day mandate of his January 23 Executive Order to strengthen American leadership in digital financial technology. The comprehensive framework promises to transform federal cryptocurrency regulation by incorporating pro-innovation principles.
The Presidential Working Group on Digital Asset Markets, directed by Special Advisor David Sacks, has developed suggestions for regulatory control, market structure, and consumer protection. The research was released after Trump rescinded Biden’s 2022 digital asset executive order.
Report To Outline Clear Regulatory Boundaries
The framework explicitly bans the creation or endorsement of a US central bank digital currency while encouraging lawful access to open public blockchain networks. This position contrasts sharply with previous administration approaches that viewed CBDCs as potential monetary policy tools.
USD-backed stablecoins receive explicit support within the policy structure and aligns with the recently passed GENIUS Act provisions. The legislation may have addressed portions of the stablecoin framework originally assigned to the working group.
Token classification guidance for major cryptocurrencies, including Ethereum, Cardano, and XRP, could provide long-awaited regulatory certainty. This clarity would resolve years of enforcement uncertainty that has plagued digital asset markets and hindered institutional adoption. The report includes the strategic digital asset reserve, which includes provisions for a federally managed Bitcoin stockpile.
Banking access reforms for cryptocurrency firms are also included, as the working group has prioritized easing restrictions that have long forced legitimate crypto businesses to operate with limited or unreliable financial services.
National security and anti-illicit finance recommendations balance innovation promotion with law enforcement concerns. The framework aims to preserve legitimate cryptocurrency use cases while addressing regulatory agencies’ money laundering and terrorism financing worries.
Implementation Timeline Accelerates Policy Changes
The upcoming report is expected to trigger the next phase of implementation through executive actions and agency guidance. SEC and CFTC coordination on enforcement approaches could resolve jurisdictional conflicts that have created regulatory uncertainty. Congressional alignment with the GENIUS, CLARITY, and BITCOIN Acts provides legislative backing for the administration’s digital asset agenda.
Potential inclusion of crypto assets in 401(k) retirement plans and mortgage frameworks could expand mainstream adoption. These provisions would integrate digital assets into traditional financial products, increasing accessibility for average Americans. The July 30 release culminates months of inter-agency coordination involving Treasury, Justice Department, and financial regulatory heads.
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