24/7 Cryptocurrency News

Breaking: White House To Release Crypto Policy Report On July 30

White House crypto adviser Bo Hines has revealed they would release the crypto policy report on July 30, with the report already completed.
Published by
Breaking: White House To Release Crypto Policy Report On July 30

Highlights

  • White House crypto adviser Bo Hines revealed that the Digital Assets Working Group is done with the report.
  • The report is expected to provide an update on the Strategic Bitcoin Reserve.
  • Hines declared that the U.S. is already leading in digital asset policy.

In a massive development, White House crypto adviser Bo Hines has provided an update on the crypto policy report that the President’s Digital Asset Working Group was working on. They plan to release it on July 30, with the crypto community highly anticipating an update on the Strategic Bitcoin Reserve.

Advertisement

U.S. Crypto Policy Report To Drop On July 30

In an X post, Bo Hines revealed that the President’s Working Group on Digital Assets has completed its 180-day report and will release it publicly on July 30. He further declared that the United States is now leading the way in digital asset policy.

His statement provides a much-anticipated update, as the crypto policy report was expected to be released on July 22, based on the 180-day timeline. Donald Trump had signed an executive order in January, mandating the Working Group to report on how the U.S. could create a Strategic Bitcoin Reserve.

Therefore, the report will likely include an update on the Working Group’s findings regarding the amount of Bitcoin the U.S. currently holds and how it should proceed with using it to establish the reserve. The executive order already hinted that the Bitcoin reserve and national digital asset stock will consist of coins that the federal government lawfully seized through its enforcement agencies.

Furthermore, besides the crypto reserves, the crypto policy report would also contain a proposal for a federal regulatory framework which would govern how firms issue and use digital assets.

However, the U.S has already made progress in this regard through Congress. Trump has signed the GENIUS Act, which will regulate the stablecoin industry. Meanwhile, the Senate Banking Committee just released the crypto market structure bill, which would provide a more comprehensive regulatory framework for the crypto industry.

Advertisement

Efforts To Create A Strategic Bitcoin Reserve Through Congress

In addition to Trump’s efforts to establish a Strategic Bitcoin Reserve, Senator Cynthia Lummis has also introduced the BITCOIN Act. This proposed legislation will mandate the U.S. government to acquire 1 million BTC over five years.

The crypto policy report could highlight this move as the executive and legislative move to make the BTC reserve a reality. The BITCOIN Act, if passed, would be bullish for the Bitcoin price, considering the amount of buy pressure it could add on the flagship crypto.

Senator Lummis already stated that Congress will deliberate on the proposed legislation once they are done with the pending crypto bills, CLARITY Act, and Anti-CBDC Act.

Advertisement

Share
Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several niches. His speed and alacrity in covering breaking updates are second to none. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

Is Trump Family, Mr. Beast Buying ASTER Token? Rumors Gain Strength

ASTER Token is once again gaining strength as rumors get ripe that big players like…

September 27, 2025
  • 24/7 Cryptocurrency News

Solana ETF Update: Grayscale, Fidelity, Others Files S-1 With Staking, Approval Expected in Two Weeks

Several major issuers, including Grayscale, Fidelity, and Bitwise, have filed new amendments to their Solana…

September 27, 2025
  • 24/7 Cryptocurrency News

Cyber Hornet Seeks SEC Nod for S&P 500 and XRP ETF

Cyber Hornet has filed with the U.S. Securities and Exchange Commission (SEC) to launch a…

September 27, 2025
  • 24/7 Cryptocurrency News

Cathie Wood’s Ark Invest Eyes Stake in Tether as USDT Issuer Targets $500B Valuation

Tether Holdings is preparing for one of its biggest funding rounds, with two global investors…

September 26, 2025
  • 24/7 Cryptocurrency News

Kraken Secures $500M at $15B Valuation, Eyes IPO in 2026

Kraken raised $500 million, increasing its valuation to $15 billion, setting the stage for a…

September 26, 2025
  • 24/7 Cryptocurrency News

Bybit Lists Ripple’s RLUSD Following BlackRock and VanEck Integration

Crypto exchange Bybit has announced its listing of Ripple's RLUSD amid the stablecoin's growing adoption.…

September 26, 2025