The White House has released a new crypto policy report that includes a comprehensive 5-point roadmap aimed at strengthening U.S. leadership in digital assets.
Key Aspects of the New Crypto Policy
The report outlines a detailed plan that could reshape the U.S. crypto market. President Donald Trump emphasized: "By implementing these recommendations, policymakers can ensure that the United States leads the blockchain revolution and ushers in the Golden Age of Crypto."
Expanded Banking Powers
The report suggests expanded permissions for banks regarding custody and tokenization of assets. This could significantly impact the financial sector and promote broader institutional involvement in digital assets.
Impact on Stablecoins and DeFi
Proposed legislative measures may grant the CFTC authority over certain digital assets. Historical precedents show that such announcements can lead to capital inflows into digital assets, with a focus on DeFi and stablecoins potentially driving market growth.
The introduced roadmap signifies a considerable shift in the direction of crypto policy in the U.S., which may have a significant impact on the future of digital assets in the country.