Trump’s 168-page crypto report promises ‘The trading of digital assets at…’
Main Idea
A 168-page crypto report from Trump's working group outlines recommendations for U.S. cryptocurrency policy, including regulatory clarity, modernizing payments infrastructure, and reducing taxpayer burdens.
Key Points
1. The report urges Congress to enable digital asset trading at the federal level and clarify AML/CFT obligations for decentralized finance actors.
2. It recommends modernizing the payments infrastructure, particularly for dollar-backed stablecoins, and faithfully implementing the GENIUS Act.
3. The working group suggests the Treasury and IRS reduce taxpayer burdens by providing guidance on topics like CAMT.
4. The report highlights the SEC's approval of crypto ETFs as a sign of treating crypto as a legitimate asset class.
5. The working group includes key figures like SEC Chair Paul Atkins, Treasury Secretary Scott Bessent, and Commerce Secretary Howard Lutnick.
Description
Policymakers can ensure the U.S. leads the blockchain revolution, dubbed "the golden age of crypto."
Latest News
- Coinbase envisions ‘everything exchange’ after 26% dip in Q2 revenue2025-08-01 09:34:24
- Public companies’ crypto holdings double to $160B: Can the growth hold in Q3?2025-08-01 08:07:24
- Here’s why $400M USDT influx on OKX could signal crypto market shifts2025-08-01 07:28:52
- Sonic eyes $0.418 range high, but a more urgent threat looms2025-08-01 05:17:54
- Will Pi Network hit $10 on the price charts?2025-08-01 03:35:02