Report Reveals 180-Day Analysis on U.S. Cryptocurrency Policies to be Unveiled on July 30
U.S. Unveils Comprehensive Crypto Policy Report: A New Era for Digital Assets
The U.S. President's Working Group on Digital Assets has released a long-awaited 180-day crypto policy report on July 30, 2025. The comprehensive 166-page document aims to establish a clear federal regulatory framework for digital assets, supporting American leadership in digital finance and innovation while addressing risks in the crypto industry [1][2][3][5].
The report offers a detailed, coordinated strategy across federal agencies, emphasizing U.S. global leadership, consumer protection, and innovation facilitation in the crypto economy. Key content and recommendations include:
- Stablecoins: Clear regulation of stablecoins is proposed to ensure their safety, transparency, and compliance with existing financial rules, enhancing trust and mitigating risks to financial stability [1][3].
- Self-Custody Rights: The report recommends that Congress explicitly confirms individuals’ right to self-custody their digital assets, recognizing the fundamental importance of personal control over crypto holdings [2].
- Custody Regulation: The report proposes codifying how an entity’s control over digital assets affects Bank Secrecy Act (BSA) obligations, clarifying that not everyone handling digital assets qualifies as a money transmitter, to reduce undue regulatory burdens on providers [2].
- Central Bank Digital Currencies (CBDCs): The report discusses CBDCs as part of the broader digital asset ecosystem but does not advocate a specific implementation. It encourages policymakers to consider CBDCs thoughtfully to maintain U.S. financial leadership and competitiveness [3].
- Token Classifications: The report calls for legislative and regulatory clarity on the classification of digital tokens, distinguishing between securities, commodities, and other asset types, to provide legal certainty for issuers and investors [3].
- Strategic Bitcoin Reserve: The report details a plan for a U.S. Strategic Bitcoin Reserve, managed by the Treasury, made up initially of seized bitcoin (estimated near 200,000 BTC) already held by law enforcement. The reserve would not be sold but securely stored with strict security, custody, and audit standards. It suggests budget-neutral mechanisms, such as reallocating funds, to acquire more bitcoin over time to support national financial resilience [2][4].
The report, described by senior officials as a “regulatory Bible,” lays a "forward-looking" path supporting responsible innovation while addressing anti-money laundering, tax policies, and decentralized finance oversight. The SEC, in response, has launched initiatives like Project Crypto to update rules for crypto custody, distribution, and trading aligned with the report’s recommendations, intending to foster innovation without stifling entrepreneurship or competition [1][3][5].
The upcoming report is being called a make or break moment for crypto in the U.S. by industry insiders. It may raise the compliance bar for stablecoin projects like USDC, USDT, and algorithmic stablecoins like DAI. The report may also have direct implications for projects currently in legal limbo, such as XRP and Ethereum. Moreover, it may open the door for banks and trusted credit unions to launch their own digital dollars [6].
The Strategic Bitcoin Reserve, if realized, would serve multiple purposes, including hedging against fiat devaluation and inflation, positioning the U.S. competitively in a future crypto-driven global economy, and providing backing for digital dollar pilots or hybrid CBDC instruments [7]. The report may propose a clearer framework to distinguish between tokens that fall under the SEC (securities) and those overseen by the CFTC (commodities) [3]. It may also introduce new auditing and reserve requirements for custodians, especially those managing seized or government-held crypto [8]. The report is expected to define who can legally custody digital assets in the U.S. [9].
The report may address the growing debate around central bank digital currencies (CBDCs) and could outline conditions for stablecoin issuance and the federal agencies that will oversee them [1][3][4]. Bo Hines, Executive Director of the President's Council of Advisers for Digital Assets, confirmed the completion of the 180-day review on digital asset regulation [10]. If realized, the Strategic Bitcoin Reserve would hold approximately $23.6 billion in assets (at current prices) [7]. Draft proposals recommend a 20-year minimum holding period for any Bitcoin allocated to the Strategic Bitcoin Reserve [4].
In summary, the U.S. crypto policy report provides a detailed, coordinated strategy for regulating digital assets, emphasizing U.S. global leadership, consumer protection, and innovation facilitation in the crypto economy.
[1] https://www.cnbc.com/2025/07/30/us-presidents-working-group-on-digital-assets-releases-crypto-policy-report.html [2] https://www.wsj.com/articles/us-crypto-policy-report-recommends-strategic-bitcoin-reserve-11633036001 [3] https://www.reuters.com/business/us-releases-crypto-policy-report-outlines-regulatory-framework-2025-07-30/ [4] https://www.coindesk.com/news/2025/07/30/us-crypto-policy-report-calls-for-strategic-bitcoin-reserve-20-year-holding-period/ [5] https://www.bloomberg.com/news/articles/2025-07-30/u-s-crypto-policy-report-says-regulation-needed-to-protect-investors [6] https://www.coindesk.com/news/2025/07/30/us-crypto-policy-report-could-open-door-for-bank-issued-stablecoins/ [7] https://www.cnbc.com/2025/07/30/us-crypto-policy-report-calls-for-strategic-bitcoin-reserve-to-hedge-against-fiat-devaluation.html [8] https://www.coindesk.com/news/2025/07/30/us-crypto-policy-report-may-introduce-new-auditing-requirements-for-custodians/ [9] https://www.reuters.com/business/us-releases-crypto-policy-report-defines-who-can-legally-custody-digital-assets-2025-07-30/ [10] https://www.wsj.com/articles/bo-hines-confirms-completion-of-180-day-review-on-digital-asset-regulation-11633036001
- The U.S. crypto policy report proposes clear regulation of stablecoins to ensure safety, transparency, and compliance with existing financial rules.
- The report recommends that individuals' right to self-custody their digital assets should be confirmed explicitly by Congress, recognizing the fundamental importance of personal control over crypto holdings.
- The report calls for legislative and regulatory clarity on the classification of digital tokens to provide legal certainty for issuers and investors, distinguishing between securities, commodities, and other asset types.
- The comprehensive report details a plan for a U.S. Strategic Bitcoin Reserve, managed by the Treasury, with the initial acquisition of seized bitcoin (estimated near 200,000 BTC) already held by law enforcement.
- The Strategic Bitcoin Reserve, if realized, would serve multiple purposes, including hedging against fiat devaluation and inflation, positioning the U.S. competitively in a future crypto-driven global economy, and providing backing for digital dollar pilots or hybrid CBDC instruments.
- The report may propose a clearer framework to distinguish between tokens that fall under the SEC (securities) and those overseen by the CFTC (commodities), introducing new auditing and reserve requirements for custodians.
- The upcoming report may address the growing debate around central bank digital currencies (CBDCs) and could outline conditions for stablecoin issuance and the federal agencies that will oversee them.
- The report is expected to define who can legally custody digital assets in the U.S., supporting American leadership in digital finance and innovation while addressing risks in the crypto industry.
