“The White House Working Group from the digital asset markets has published a report with recommendations for the formation of a regulatory framework in the field of cryptocurrencies. The document is intended to bring the “Golden Era of the Crypto Industry” in the United States. The group consists of Finance Minister Scott Bessent, the Minister of Trade Howard Lutk and the SEC POLPKINS. Power distribution Key Initiative – Develop digital assets taxonomy that is clear […]”, – WRITE: Businessua.com.ua
The White House Working Group from the digital asset markets has published a report with recommendations for the formation of a regulatory framework in the field of cryptocurrencies. The document is intended to bring closer The Golden Era of the Krypto Industry in the United States.
The group consists of Finance Minister Scott Bessent, the Minister of Commerce Howard Lutk and Chairman Sec Paul Atkins.
Distribution of powers The key initiative is to develop digital asset taxonomy, which will clearly divide cryptocurrencies into securities and marketable tokens. Regulation will be divided between SEC and CFTCthe latter will receive control over the spot markets of cryptocurrencies.
The tokens that are classified as goods will control CFTC, and assets with securities characteristics will remain in SEC jurisdiction. According to the authors, this structure will strengthen the US leadership in the global digital asset market.
“A rational regulatory framework is the best way to stimulate US innovations, protect investors from fraud and keep our capital markets with the subject of envying all over the world,” Atkins said.
Banks, steiblcoins and CBDC The group recommends that you simplify the rules for banks to allow cryptocurrency storage and legal provision of related services.
The report emphasizes the importance of maintaining steiblcoins to preserve the dominance of the US dollar. The authors emphasize that the issuers should interact with law enforcement officers to freeze or arrest assets.
At the same time, the group’s members called on Congress to prohibit the development of the Central Bank digital currency in the United States.
New tax policy The group proposes to create a separate taxation system of cryptocurrency, which will take into account the specifics of this category of assets, in particular the mechanism of stinging.
The law must define digital assets as a separate class for taxation.
The report does not mention the creation of reserves in bitcoin. US President Donald Trump Representative of cryptocurrencies because Hines said the infrastructure is already being developed and the details would be disclosed later.
🚨Exclusive: We Sat Down with @bohines, Executive Director of the White House Crypto Council, Inside the @whitehouse to Dig Into the Administration.
Beyond Breaking Down The Document’s Key Recommendations, We Tackled Today’s Hottest Topics – from Brian… Pic.twitter.com/gkvxgbc1aj
– Crypto in America (@cryptoamerica_) July 30, 2025
Recall that on July 17, the US Congress approved three important cryptocurrency laws: Genius Act, Clarity Act and Anti-CBDC ACT.
The gun
Please wait …