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White House Crypto Working Group Releases Lengthy Policy Report

A 160-page policy framework outlines stablecoin and market rules, but doesn't have much to say about the Bitcoin reserve.
White House Crypto Working Group Releases Lengthy Policy Report
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The White House Working Group on Digital Asset Markets has released a sweeping crypto policy report. The 160-page document outlined recommendations on stablecoin regulation, digital asset market structure, and regulatory oversight. It did not include details on the administration’s proposed Bitcoin Bitcoin reserve, which officials said would be addressed separately by the Treasury.

What’s the Scoop?

  • Policy release: The 160-page report came from a task force formed under Trump’s January 2025 executive order (EO 14178). It detailed new guidelines for token issuance, custody, and trading infrastructure.
  • Legislative proposals: The report called for stablecoin laws, expanded authority for the CFTC, anti-CBDC provisions, and safe harbor rules for crypto developers.
  • GENIUS Act implementation: It supported the GENIUS Act, which mandated full-reserve backing and independent audits for USD-pegged stablecoins.
  • Bitcoin reserve status: Although the executive order requested an evaluation of a national crypto stockpile, the report included no concrete plans. Treasury officials stated that an update was forthcoming.

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