TLDR
- White House to release its first crypto policy report on July 22 under Executive Order 14178.
- Report to propose federal oversight of stablecoins, removing SEC and CFTC jurisdiction via the GENIUS Act.
- New rules may allow crypto firms access to banking by ending Operation Chokepoint 2.0 restrictions.
- Proposal includes creating federal Bitcoin reserves from assets seized in enforcement actions.
The White House is preparing to unveil a key crypto policy report on July 22, 2025, which is expected to bring clarity to the digital asset market. This move comes after new legislation like the GENIUS and CLARITY Acts and reflects a growing federal effort to standardize crypto regulations. The report is likely to shape how crypto firms operate in banking, compliance, and national policy.
White House to Outline Federal Crypto Framework and Market Rules
The upcoming policy report is led by the White House Digital Asset Market Working Group, formed under Executive Order 14178. It is expected to include recommendations for how digital assets should be structured and regulated across the country. The goal is to build a single approach that will replace scattered and often conflicting rules from various federal agencies.
According to recent updates, the report will present a national framework for digital assets, including stablecoins. It will address market organization, risk controls, and consumer protections.
The government also plans to clarify which agencies will supervise specific parts of the digital asset market. This may include handing over stablecoin regulation to the Federal Reserve, FDIC, or OCC, while removing the SEC and CFTC from this role under the GENIUS Act.
💥JUST IN: 🇺🇸 White House to release its first crypto policy report this week on July 22 as required by EO 14178.
Bullish #XRP 🚀 pic.twitter.com/nlQAJrj9ee
— Amonyx (@amonbuy) July 20, 2025
The report will also propose oversight tools for crypto activities, such as rules for transparency, liquidity, and reserve backing. Issuers of payment stablecoins may face new requirements like maintaining 1:1 reserves and limiting interest on issued tokens. This is expected to protect consumers and bring more trust to the market.
National Crypto Strategy and Bitcoin Reserves
The report is also expected to mark a shift in how the U.S. manages crypto at the national level. One proposal includes the creation of federal crypto reserves using assets seized in enforcement actions. These reserves may be used to support digital infrastructure or national interests, though more details will be included in the full report.
David Sacks, former PayPal executive, has helped guide this policy. Under his direction, the group aims to expand access to banking for crypto firms by ending restrictions tied to past enforcement actions like Operation Chokepoint 2.0. Removing these limits could allow crypto businesses to grow and access financial services more easily.
A White House memo issued earlier this year stated, “The digital asset industry plays a crucial role in innovation and economic development in the United States.” The statement adds that the administration is committed to supporting the use of blockchain and digital assets across industries.
There are also plans to engage industry voices and the public. The report will include a proposal to collect feedback from market participants, which may influence future regulation or updates to existing rules. This effort shows an attempt to make regulations practical for both small and large businesses.
Stablecoin Rules Consumer Protections, and Congressional Limits
One of the report’s most notable proposals is a ban on members of Congress issuing their own stablecoins. This measure is designed to avoid conflicts of interest and to maintain trust in the rule-making process. It does not apply to other crypto types or projects not tied to lawmakers.
The GENIUS Act, which was passed on July 18, is expected to support the new framework. This law defines payment stablecoins as a type of digital money used for settlements. It requires issuers to follow strict rules, including public disclosure of redemption terms and reserve transparency. It also protects users during insolvencies by giving them a claim to reserves.
The report may also include strategies for dealing with crypto crimes and national security risks. It will review how anti-money laundering rules apply to digital assets and propose solutions for better compliance. Energy usage from crypto mining could also be addressed, with possible support for more efficient technologies.
This report will be the first formal crypto policy plan from the White House. Its release is expected to bring detailed guidance on how the U.S. plans to regulate the digital asset sector.
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