But Where Is the Bitcoin Reserve?
The post But Where Is the Bitcoin Reserve? appeared on BitcoinEthereumNews.com.
After months of anticipation, the Donald Trump administration finally dropped its comprehensive report on digital asset markets. The headline? Sweeping reform proposals, strong pro-crypto language, and calls for regulatory clarity. But one major detail is conspicuously missing: any mention of the long-promised national Bitcoin reserve. This absence is surprising, especially after Donald Trump’s executive order in March that formally called for a Strategic Bitcoin Reserve and a separate digital asset stockpile. Many expected this report to outline how that plan would unfold. Instead, the administration focused on regulatory overhaul, stablecoin integration, and clearing a path for new financial products. What the Report Actually Covers? According to Bloomberg, the crypto policy report is the product of the Working Group on Digital Asset Markets, created by Trump’s January executive order. It lays out policy recommendations across nearly every aspect of crypto markets—from trading and custody to banking access and taxation. Top of the list is a push for Congress to pass the Digital Asset Market Clarity Act. The aim is to hand the Commodity Futures Trading Commission authority over spot markets for non-security digital assets. This would fill a long-standing regulatory gap between the CFTC and the SEC and streamline oversight. The report also calls for both agencies to use their existing powers immediately. No more waiting. The SEC and CFTC are urged to clarify rules around registration, custody, trading, and recordkeeping to accelerate the legal entry of digital assets into the broader financial system. Fast-Tracking Innovation Without Bureaucracy Another major theme is reducing the friction that crypto startups and institutions face. The working group recommends safe harbors and regulatory sandboxes to let financial products reach consumers without being buried in red tape. The tone is clear: innovation should not be stalled by outdated processes. The group also touches on decentralized finance,…
Filed under: News - @ July 30, 2025 4:27 pm