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The first major Cryptocurrency Policy Report in the US will be publicly released on July 30th.

By: theblockbeats.news|2025/07/24 00:22:32

BlockBeats News, July 24th, White House Digital Asset Policy Advisor Bo Hines stated in a post that the President's Digital Asset Working Group has completed its first key cryptocurrency policy report, which will be publicly released on July 30th.

This report is the result of several months of collaboration between the working group led by David Sacks, Bo Hines, and high-level officials from the Treasury Department, Commerce Department, SEC, CFTC, and other agencies. It aims to implement the executive order signed by President Trump in January to strengthen America's leadership in the cryptocurrency field. The report is expected to contain regulatory and legislative recommendations, but the specific details are not yet clear. The working group's original tasks include developing a federal digital asset framework covering stablecoins (Congress has initiated related procedures) and exploring the possibility of establishing a national digital asset reserve (established by Trump in March).

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BTC rebounded and broke through 119,000 USDT, with a 24-hour increase of 0.52%