White House to Release Crypto Policy Report on July 30, XRP and Bitcoin in Focus
Main Idea
The US is set to release a major crypto policy report on July 30, 2025, which could redefine crypto regulations and oversight, including potential recognition of Bitcoin as a strategic asset.
Key Points
1. The report follows a 180-day review under Executive Order 14178 and replaces older Biden-era rules, aiming to clarify crypto oversight among US agencies like the Fed and FDIC.
2. New rules may include stronger backing requirements for dollar-pegged tokens and oppose central bank digital currencies (CBDCs), favoring private crypto like stablecoins.
3. The government is considering a US Strategic Bitcoin Reserve, potentially treating Bitcoin like gold and integrating it into the US financial system.
4. The report could boost the crypto market, especially if Bitcoin is recognized as a strategic asset, possibly triggering a significant rally.
5. The Federal Reserve's decision to hold interest rates at 4.25%–4.50% may maintain cautious market sentiment unless rate cuts are signaled.
Description
The post White House to Release Crypto Policy Report on July 30, XRP and Bitcoin in Focus appeared first on Coinpedia Fintech News The mood in the markets is cautious as investors brace for a packed week. The crypto world is watching closely as the White House is set to release its first major crypto policy report on July 30. This is a big moment for the US crypto industry, as the report comes after a 180-day review under Executive Order 14178. It replaces older Biden-era rules and aims to bring...
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