- The White House crypto report will include updates on the national Bitcoin reserve and digital asset policies.
- The BITCOIN Act proposes the government should acquire one million BTC over the next five years.
- The report will outline a framework to regulate how firms issue and use digital assets across the country.
The White House will release its long-awaited crypto policy report on July 30. Bo Hines, a top crypto adviser, confirmed the date. The report comes from the President’s Digital Asset Working Group, which completed its 180-day mandate.
The group was tasked with developing a national digital asset policy. It includes recommendations on regulation and digital asset reserves. The update follows delays, as the report was expected earlier based on the executive order timeline.
Bitcoin Reserve Details Expected in the Report
One key topic in the report will be the Strategic Bitcoin Reserve. The group has likely outlined how the United States can build and manage this reserve. The executive order signed in January had already signaled this intent.
According to the order, the reserve would include Bitcoin seized by federal enforcement agencies. These lawfully obtained assets would help form the initial stockpile. The report may also disclose the current amount of Bitcoin held by the government.
Officials expect the reserve to strengthen the nation’s position in digital finance. The update is anticipated by markets and policy analysts.
Proposals for Crypto Regulation Included
In addition to the reserve update, the report will outline a proposed regulatory framework. This would guide how digital assets are issued and used within the U.S. market. The goal is to ensure clarity and structure across the digital finance space.
However, regulation efforts are already underway. Congress has passed the GENIUS Act, which focuses on stablecoins. The Senate Banking Committee also released a bill addressing crypto market structure.
These actions mark growing momentum in Washington toward structured digital asset oversight. The report may serve as a roadmap for aligning executive and legislative efforts.
BITCOIN Act Pushes for Massive BTC Accumulation
Senator Cynthia Lummis recently introduced the BITCOIN Act. The proposal seeks to mandate the government to acquire one million Bitcoin over five years. The report could feature this move as part of a broader digital asset strategy.
If passed, the BITCOIN Act could have a major impact on Bitcoin’s price. The required buying pressure would be significant. However, Congress will not review the bill until current legislation is finalized.
Pending bills include the CLARITY Act and Anti-CBDC Act. These will be addressed before lawmakers consider new proposals like the BITCOIN Act. The upcoming report signals a new phase for U.S. crypto policy. It combines executive planning with ongoing legislative efforts. This coordinated approach could position the U.S. as a leader in digital asset regulation.
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