"The White House Virtual Asset Report Expected to Serve as the Industry's Regulatory Guidebook"
Summary
- There are predictions that the virtual asset report to be released by the White House will serve as the industry's 'regulatory guidebook.'
- Cody Carbone, CEO of the Chamber of Digital Commerce, stated that this report will have a significant impact on future Trump administration regulations and guidelines.
- It is reported that key government officials attended the release, as the report is part of the executive order to establish a Digital Asset Market Working Group.
On the 30th (local time), the White House is scheduled to release its virtual asset report, amid predictions that the report will serve as a 'regulatory guidebook' for the industry.
According to a report by the virtual asset (cryptocurrency) specialist media outlet The Block on the 30th, Cody Carbone, CEO of the Chamber of Digital Commerce, stated, "The virtual asset report to be released by the White House is expected to serve as the industry's 'regulatory Bible' and 'regulatory guidebook.' It will have a significant impact on future regulations and guidelines under the Trump administration."
The White House virtual asset report is part of the executive order issued by President Trump last January to establish the Digital Asset Market Working Group, and key government officials such as Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and SEC Chairman Paul Atkins were in attendance.
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