Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Trump administration unveils detailed crypto policy but shrouds Bitcoin reserve in mystery

Trump administration unveils detailed crypto policy but shrouds Bitcoin reserve in mystery

CryptoSlateCryptoSlate2025/07/30 10:36
By:Assad Jafri

President Donald Trump’s administration released its most detailed digital asset policy report on Wednesday, outlining a broad regulatory roadmap for crypto but offered no new insight into the government’s proposed strategic Bitcoin (BTC) reserve.

The 163-page document, prepared by the President’s Working Group on Digital Asset Markets, consolidates the administration’s position across stablecoin regulation, tax reform, and federal market oversight.

While the report affirms a commitment to digital innovation, it stops short of introducing new initiatives or expanding on earlier announcements, including the high-profile plan to build a federal reserve of Bitcoin and other digital assets.

The reserve proposal, initially introduced through a January executive order, receives only a passing mention in the final section of the report.

Senior administration officials said work is underway but offered no timeline or further details. Trump adviser Bo Hines previously indicated that the government may choose not to publicly release the reserve’s development report despite intentions to accumulate BTC.

The lack of specifics on the reserve initiative has fueled uncertainty within the crypto industry, which had hoped for a clearer blueprint. The project had drawn attention earlier this year when officials suggested it would rely in part on assets seized through enforcement actions.

Lawmakers, including Senator Cynthia Lummis (R-Wyo.), have introduced legislation, such as the BITCOIN Act, to support strategic accumulation, but those efforts remain stalled in Congress. Beyond the reserve issue, the report reaffirms support for the administration’s existing legislative priorities.

It highlighted the recently enacted GENIUS Act, which sets regulatory standards for stablecoin issuers, and follows the progress of the Clarity Act, an expansive bill governing crypto market structure, now under Senate consideration after passing the House.

The report also encouraged federal regulators, including the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), to use their current authority to facilitate digital asset trading, even as legislative work continues.

A separate section outlines tax reform proposals aimed at easing the compliance burden for crypto users. These include thresholds that exempt low-value transactions from capital gains taxes and updates to how staking rewards are treated for tax purposes, policies long championed by Lummis and other digital asset advocates.

Officials described the report as a framework for measuring progress under President Trump’s crypto agenda. While the document consolidates months of regulatory efforts, it leaves key questions unanswered, particularly around the future of federal crypto stockpiles.

The post Trump administration unveils detailed crypto policy but shrouds Bitcoin reserve in mystery appeared first on CryptoSlate.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!