What Will the White House’s Crypto Report Unveil on July 30?
Bo Hines, crypto adviser to the administration, confirmed that the President’s Digital Asset Working Group has finalized its findings after a six-month review. One of the report’s most anticipated sections is expected to address the concept of a Strategic Bitcoin Reserve — a proposal introduced earlier this year under an executive order by President Trump.
Though the exact holdings remain undisclosed, the administration has previously suggested that seized crypto assets could serve as the foundation of the reserve. The report is also expected to outline a broader regulatory path for how digital assets are managed and issued within the U.S.
Meanwhile, efforts to formalize the Bitcoin reserve are gaining traction in Congress. Senator Cynthia Lummis has introduced legislation — dubbed the BITCOIN Act — that would require the government to acquire up to 1 million BTC over five years. That proposal is currently waiting in line behind other crypto bills in the Senate.
With new laws like the GENIUS Act already signed and a crypto market structure bill gaining momentum, the U.S. appears poised to solidify its stance as a global leader in digital asset regulation. All eyes now turn to July 30.
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Filed under: Bitcoin - @ July 24, 2025 6:30 am