The White House digital asset report has no substantial updates on the Bitcoin reserve plan.

robot
Abstract generation in progress

[White House Digital Asset Report Has No Substantial Update on Bitcoin Reserve Plan] The White House has released the long-awaited digital asset report, which outlines a national strategy aimed at positioning the United States as a global leader in Blockchain, Crypto Assets markets, and tokenization finance. Although the report covers a wide range of digital asset policy areas, it does not provide substantial updates on the government's planned Bitcoin reserves, merely reiterating statements from President Trump's January executive order and failing to outline subsequent steps or implementation timelines. The issuance of this report stems from an executive order signed by President Trump in January, which established an interagency working group on emerging technologies such as digital assets and artificial intelligence. This 166-page document was led by David Sacks, the White House's head of cryptocurrency and artificial intelligence affairs, and executive director Bo Hines, integrating opinions from the Department of the Treasury, the Department of Commerce, the SEC, and the Commodity Futures Trading Commission (CFTC), listing several proposals regarding regulatory simplification, innovation support, and regulatory modernization.

BTC-0.35%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)