The Trump administration is taking significant steps to strengthen the US's leading role in the cryptocurrency industry by preparing a new policy report on digital assets.
Proposal for a Strategic Bitcoin Reserve
The upcoming report may propose a fundraising plan for a strategic bitcoin reserve that does not increase the tax burden on citizens. However, details of the document have not been disclosed yet.
New Crypto Regulatory Report in the US
Federal crypto leaders, including David Hacks and Bo Hines, are working on a report that may suggest measures for creating a federal digital asset framework and ensuring equal access for crypto companies to banking services.
Cryptocurrency Roadmap
Caroline Pham, acting Chair of the CFTC, referred to the report as a 'cryptocurrency roadmap,' which will reflect the efforts made by US officials in developing a national digital asset reserve.
These measures emphasize the administration's proactive stance on cryptocurrency, which may become a key moment ahead of the elections.
