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

TradingKey
21 Jul

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.

Find out more

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10