29.07.2025 08:57

On July 30th, 2025, a landmark moment for the US cryptocurrency industry arrived with the publication of the White House's comprehensive digital asset policy report. This document, the culmination of a 180-day review mandated by Executive Order 14178, marks the first-ever detailed examination of cryptocurrency policy by the US government. Experts widely anticipate this report will significantly alter the regulatory environment for digital assets, potentially setting a global precedent.


The report, a direct consequence of Executive Order 14178 ("Strengthening American Leadership in Digital Financial Technology"), supersedes previous Biden-era directives. Its focus is threefold: establishing a robust US digital asset policy, safeguarding national security, and ensuring strategic preparedness in the face of evolving technological landscapes. The report’s ultimate aim is to establish a technology-neutral regulatory framework, thereby addressing existing ambiguity and uncertainty within the crypto market.


The White House report, spearheaded by the President’s Working Group on Digital Asset Markets, led by prominent figures such as crypto and AI Czar David O. Sacks and Congressman Bo Hines, promises clarity across multiple areas. Crucially, the report aims to protect consumers and establish a clear path toward regulatory certainty. A key element focuses on streamlining federal agency roles, particularly concerning stablecoin oversight.


The report is expected to shift the responsibility for overseeing stablecoins from the SEC and CFTC to the Federal Reserve, FDIC, and OCC – a proposal mirroring the recently enacted GENIUS Act. This significant restructuring is poised to reshape the regulatory landscape for stablecoins and digital assets more broadly, signaling a potential paradigm shift in how the US government approaches cryptocurrency regulation. This report's release has been widely anticipated and is likely to trigger significant market reactions.