"White House Virtual Asset Policy Report Expected to Serve as Industry Regulatory Guide"

Analysis suggests that the virtual asset (cryptocurrency) policy report released by the White House last week will be utilized as a regulatory guide for the industry.

According to a report by Cointelegraph on the 4th (local time), the virtual asset policy report released by the White House last week summarized recommendations on ways to strengthen the dominance of the U.S. dollar through market structure, banking regulation, stablecoins, and virtual asset tax law.

One of the key proposals of the report concerns the division of responsibilities between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), mitigating concerns over overlapping and conflicting law enforcement approaches through this report.

Edwin Mata, CEO of Brickken, emphasized, "By clarifying the limits of regulatory oversight between the two agencies, a mature, transparent, and scalable virtual asset ecosystem can be established."