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- The White House released a 163-page crypto policy roadmap without new details on federal Bitcoin reserves.
- Financial regulators are urged to act immediately using their existing powers.
- The report supports current legislation while awaiting more structured laws from Congress.
The U.S. government released its most detailed strategy on crypto policy this week. The report spans 163 pages and outlines efforts underway to regulate the digital asset market, including Bitcoin. While the industry expected answers on federal crypto reserves, the document did not provide new insight into that topic.
Instead of revealing the plan in the statement, the White House resummarized past efforts and gestured toward ongoing efforts. It focuses on finished work, legislative plans underway, and regulatory channels already in progress. But it didn’t go so far as to state how and when the planned national crypto reserves would be realized.
SEC Targets Bitcoin Using Existing Powers
Financial authorities have been pushed to take action even before the passage of new legislation. The Commodity Futures Trading Commission and the Securities and Exchange Commission were mentioned directly. The two commissions are called upon to start the regulation of digital tokens using the powers they have today.
SEC’s chairman said his commission is ready to move forward. The CFTC continues to wait for a permanent commissioner. However, the plan aims to fast-track federal regulation for market entities and trade venues.
It calls for innovation but warns that risks must be properly managed. It recommends balancing accepting growth in technology and insulating the user and the financial system. This position is compatible with the broad aims underlying the GENIUS Act and Clarity Act, two large legislative measures currently coursing through Congress.
Lawmakers Push for Crypto Clarity as Reserve Plan Stalls
President Trump even once considered the idea of establishing a seized asset cryptocurrency reserve. Two of the reserves will be utilized in the storage of Bitcoin and the other coins. The vast majority of them wished to be given more information regarding this report. The plan only appeared late in the report and didn’t offer any timeline and process information.
Officials said they have made progress on the project but would not comment further. The public may never be able to see the finished structure of the reserve system. Lawmakers like Senator Cynthia Lummis have floated related statutes, but so far none has gone anywhere. Frustration comes from the absence of information. The plan overall offers a sense of direction.
It also sends the signal that the administration seeks to enable innovation in digital finance while laying down ground rules. The report also encompasses tax reforms and stakeholder guidelines and is also aligned with existing Senate plans. The report is not doing anything revolutionary but is actually a roadmap. The crypto industry only needs to live with the known for the time being and wait and see what happens next.
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