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White House Crypto Report Sets Regulatory Framework, Omits Federal Bitcoin Reserve Recommendations

A major White House report on digital assets outlines comprehensive policy recommendations but excludes any specific guidance regarding a potential Federal Bitcoin reserve.

The extensive report, spanning over 160 pages, details various recommendations for governing the cryptocurrency landscape. However, it leaves unaddressed the topic of establishing a government-held stockpile of Bitcoin, an initiative outlined in prior executive orders.

The Treasury Department continues internal work related to the Bitcoin reserve concept. Nevertheless, the report itself prioritizes establishing clear, consistent regulations for the broader digital asset sector over concentrating on the acquisition or holding of specific cryptocurrencies like Bitcoin by the government.

Previous executive orders mandated reports on national digital asset policy within 180 days and a second report evaluating considerations for a U.S. Bitcoin stockpile within 60 days of a later order. The deadline associated with the reserve evaluation is noted to have passed without public findings being released as part of this report.

The overarching emphasis of the White House report is firmly placed on the development and implementation of a coherent regulatory framework for digital assets, rather than on direct federal accumulation strategies such as a Bitcoin reserve.

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