- Presidential working group to publish a complete report of digital asset policy.
- The framework prohibits retail CBDCs while promoting the adoption of the stable reserve supported by the USD.
- Strategic Bitcoin reserve guidelines and tokens classification are expected in the document.
The report on the highly anticipated digital asset policy of President Donald Trump will be published on July 30, responding to the 180 -day mandate of his executive decree of January 23 to strengthen American leadership in digital financial technology. The complete framework promises to transform the federal regulations of cryptocurrencies by incorporating pro-innovation principles.
The presidential working group on the digital asset markets, led by the special advisor David Sacks, has developed suggestions for regulatory control, market structure and consumer protection. The research was published after Asset canceled Biden’s executive decree in 2022.
Report to describe clear regulatory limits
The framework explicitly prohibits the creation or approval of a digital currency from the American central bank while encouraging lawful access to open public blockchain networks. This position contrasts strongly with the previous administration approaches …
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