Trump Administration's Virtual Asset Roadmap to Be Released… Policy Report to Be Announced on the 22nd

The Working Group on Digital Asset Markets, led by U.S. President Donald Trump, is expected to release its first report regarding virtual asset (cryptocurrency) policy.

According to Crypto in America on the 7th (local time), President Trump’s working group on digital assets plans to announce a virtual asset policy report by the 22nd (local time). For this report, Crypto Czar David Sacks, Virtual Assets Advisory Committee Chairman Bo Hines, the Department of the Treasury, the Department of Commerce, the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) are known to have collaborated.

The outlet stated, "Industry insiders expect the report to include proposals for virtual asset regulation and legislation," adding, "△ Funding measures for strategic Bitcoin reserves △ Guaranteeing virtual asset companies' access to banking services may be included." However, the specific details have not yet been revealed.

This report, in particular, is expected to have a significant impact on the industry. Previously, Acting Chair of the CFTC Caroline Pham commented, "[The report to be released this time] will serve as the Trump administration’s ‘virtual asset roadmap’," and that "so far, productive and practical discussions have taken place."