According to ChainCatcher, White House digital asset policy advisor Bo Hines stated in a post that the President’s Digital Asset Working Group has completed its first major policy report on cryptocurrency, which will be publicly released on July 30.
This report is the result of several months of collaboration between the working group’s leader David Sacks, Bo Hines, and senior officials from the Treasury Department, Department of Commerce, SEC, CFTC, and other agencies. It aims to implement the executive order signed by President Trump in January to strengthen the United States’ leadership in the cryptocurrency sector. The report is expected to include regulatory and legislative recommendations, though the specific contents remain unclear. The working group’s original mandate included developing a federal digital asset framework covering stablecoins (with Congress having already initiated related procedures), as well as exploring the establishment of a national digital asset reserve (which Trump established in March).