White House to Release First Crypto Policy Report — Will Bitcoin Hit New Highs Again?

TradingKey
07-21

TradingKey – The White House is set to unveil its first-ever cryptocurrency policy report, potentially introducing a new wave of federal crypto initiatives. 

According to a report from Cointelegraph on July 21, the announcement could inject fresh optimism into a sluggish Bitcoin (BTC) market, which has remained stuck below the $120,000 mark for the past week.

The policy document is expected to be divided into two key sections:

  1. Retrospective Summary
    • Strategic Bitcoin Reserve Plan
    • Passage of the GENIUS, CLARITY, and Anti-CBDC Acts
    • Leadership changes at the SEC
    • Formation of a dedicated SEC crypto task force
  2. Forward-Looking Roadmap
    • Outlines the Trump administration’s crypto policy direction for the remainder of his term
    • May include new proposals for stablecoin regulation, asset tokenization, and digital infrastructure

From a “America First perspective, the U.S. is likely to double down on stablecoins and on-chain asset issuance, both of which support the global expansion of U.S. dollar, Treasuries, and equities. These initiatives could provide fresh momentum for Bitcoin and the broader crypto market.

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