White House Official: First White House Cryptocurrency Report to Be Released by End of This Month

BlockBeats News, July 22, Cryptocurrency reporter Eleanor Terrett posted an update stating, "A White House official told me that the White House cryptocurrency report will be made public to the public by the end of this month."

BlockBeats previously reported that the Trump administration's Digital Asset Working Group is intensively preparing to submit its first cryptocurrency policy important report before July 22. This report is the result of months of collaboration among the working group leader David Sacks, Bo Hines, and high-level officials from the Treasury Department, Commerce Department, SEC, CFTC, and other departments, aiming to implement the executive order signed by President Trump in January to strengthen the U.S.'s leadership position in the cryptocurrency field.

The report is expected to include regulatory and legislative proposals, but the specific content is not yet clear. The working group's original tasks include developing a federal digital asset framework that covers stablecoins (Congress has initiated relevant procedures) and exploring the establishment of a national digital asset reserve (established by Trump in March).