The White House group is expected to clarify the Stablecoin rules, resolve agency duplications, and protect consumers in digital assets situations.
Trump’s Crypto Working Group is scheduled to submit digital asset policy proposals by July 22nd
Trump’s working group on digital asset markets must submit a federal crypto policy proposal by July 22nd.
The proposal addresses stubcoin, market surveillance, and consumer protection and establishes clear federal regulatory jurisdiction.
President Donald Trump’s working group on digital assets markets must submit a final report by July 22 on the proposed federal framework on the regulation of digital assets, including stability, market surveillance and consumer protection, according to the January 23 executive order that established the January 23 executive order.
The report also evaluates the feasibility of national digital asset stockpiles, but another executive order has already established a framework for its creation.
“Within 180 days from the date of this order, the working group shall submit a report to the President through APEP, which recommends regulatory and legislative proposals to advance the policies established in this order,” the order reads.
The EO was issued before President Trump signed another executive order in early March to establish a strategic Bitcoin reserve and digital asset stockpile. Under that second crypto-focused directive, all federal agencies were required to report their Bitcoin and crypto-holdings to Treasury Secretary Scott Bescent by April 7th.
The President’s working group on digital assets markets housed in the National Economic Council is led by White House AI and Crypto Czar David Sacks, with participation from leaders from key institutions including the Treasury Department, the Department of Justice, the SEC and CFTC.
Bo Hines, executive director of the Council of Presidential Advisors for Digital Assets, a group chaired by Sacks, said last month that the government could release a Treasury report detailing the US government’s Bitcoin Holdings. Hines plays a key role in shaping digital asset policy within the Trump administration.
The main responsibility of the Working Group is to propose a regulatory framework that governs the issuance and operation of digital assets, with a focus on stability in particular.
According to the January order, the final report should address market structure, surveillance, consumer protection and risk management. It is also expected to resolve long-standing jurisdictional ambiguity among federal regulators such as the SEC and CFTC.
The report could also affect how federal bank regulators approach crypto custody, on/off ramps, and integration with traditional financial systems.
EO also states that it explicitly prohibits federal agencies from developing or implementing CBDC initiatives, “threatening the stability of the financial system, personal privacy, and US sovereignty.”
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