Summary
- The White House announced it has released a fact sheet for its 'crypto report.'
- It was reported that the released fact sheet does not mention Bitcoin (BTC) reserves.
- According to Bloomberg, the report contains content urging the clarification of digital asset trading regulations and the introduction of new financial products.
The White House has released a fact sheet of its 'crypto report.' However, there was no mention of Bitcoin (BTC) reserves included in the release.
On the 30th (local time), Bloomberg reported that the White House unveiled the fact sheet for the crypto report. The White House plans to announce the full report at 3:30 a.m. KST on the 31st. According to Bloomberg, "The White House has urged federal regulators to exercise their authority, provide clearer rules for digital asset trading, and facilitate the introduction of new financial products."
However, the fact sheet made no mention of Bitcoin (BTC) reserves at the federal government level. CoinDesk stated, "(The fact sheet) did not include details about the federal government’s progress or plans to hold digital assets like Bitcoin," and added, "But for the crypto industry, which has seen more than ten years of regulatory uncertainty, the process of rules taking shape is still striking."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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