The White House is poised to release a sweeping new report on digital asset policy, marking the Trump administration’s first major move on cryptocurrency regulation. The highly anticipated report, which follows a six-month review of Executive Order 14178, is scheduled to drop on July 30.
Bo Hines, President Trump’s executive director for crypto policy, confirmed the release date earlier this week. “America is now leading the way on digital asset policy,” Hines said.
What’s in the Report?
The report is expected to outline significant recommendations for reform, focusing on:
- Stablecoin regulations tied to the U.S. dollar
- Banking access for crypto-related entities
- National security considerations related to digital assets
- Clear, technology-neutral guidelines that respect jurisdictional boundaries
Its release comes on the heels of recent legislative momentum, including bipartisan traction on three major crypto-related bills: the GENIUS Act, the CLARITY Act, and the Anti-CBDC Act — all seen as critical pillars of the Trump administration’s emerging digital asset strategy.
Government Crypto Holdings to Be Disclosed
Perhaps the most eye-catching element of the report is the planned disclosure of the U.S. government’s crypto holdings, including its strategic Bitcoin reserve and broader digital asset stockpile. These assets primarily come from seizures by federal agencies such as the DOJ and FBI during criminal investigations.
According to data from BitcoinTreasuries, the U.S. government currently holds approximately 198,012 BTC, valued at around $23.2 billion at the time of writing.
However, experts have noted the distinction between seized and forfeited assets. Journalist @L0la L33tz pointed out that while forfeited crypto officially becomes government property, seized assets often go toward victim restitution or await final legal decisions.
Crypto Market Riding a Wave of Momentum
Jordi Visser, head of AI Macro Nexus Research at 22V Research, appeared on CNBC’s Squawk Box Asia on July 29, calling the current phase of the crypto cycle one of “acceptance and adoption.” He pointed to the recent public debut of Circle (NYSE: CRCL) as a key turning point and echoed strategist Tom Lee’s comparison of crypto’s current momentum to “ChatGPT’s breakout moment.”
As of press time, Bitcoin was trading at $117,364.29, down slightly from its record high of $123,091.61 reached on July 14. The total global crypto market cap stood at $3.85 trillion.
With the Trump administration now stepping firmly into the digital asset space, markets and regulators alike will be watching closely to see how the U.S. reshapes the global crypto landscape.
