Trump’s Crypto Report Suggests Potential Regulatory Advances for Bitcoin and Digital Assets in the U.S.

Key Points

1. The report urges Congress to provide clear regulatory frameworks and build on the bipartisan CLARITY vote.

2. It highlights the need for Congress to clarify AML/CFT obligations and modernize payment infrastructure, referencing the GENIUS Act.

3. Key members of the working group include SEC Chair Paul Atkins, Treasury Secretary Scott Bessent, and Commerce Secretary Howard Lutnick.

4. The report recommends tax policy changes such as Asset Management Tax (CAMT) and adjustments for digital asset transactions.

5. It suggests future legislative actions like passing the CBDC Anti-Surveillance State Act to support digital finance.