- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
Trump Crypto Asset Group Releases Digital Finance Promotion Proposal
BlockBeats News, July 30th, the Digital Asset Market Policy Working Group established by U.S. President Trump released a report on Wednesday, calling on federal regulatory agencies to use existing authority to establish clearer rules for digital asset trading and to streamline the process for introducing new financial products.
The White House stated in the briefing: "By implementing these recommendations, policymakers can ensure that the United States leads the blockchain revolution and ushers in the crypto golden age." The working group was established pursuant to an executive order signed by Trump in January of this year. The report covers various issues in the digital asset space, including calling on Congress to pass the "Digital Asset Market Clarity Act" to address regulatory gaps, authorize the Commodity Futures Trading Commission to regulate the "spot market for non-securities digital assets," and support the development of decentralized financial technologies. (Golden Finance)
You may also like
Binance Lists United Stables as a New Trading Option
Key Takeaways Binance is adding United Stables (U) to its platform, expanding its offerings in digital currencies. United…
2026 Top Transaction Themes: Trump's Sore-Loser Attitude, the End of the International Order
Most US debanking cases stem from government pressure, says report
Key Takeaways A report from the Cato Institute indicates that most debanking incidents in the US originate from…
UK Lawmakers Urge Ban on Political Donations in Crypto
Key Takeaways: A group of senior UK lawmakers is pushing for a legislative ban on political donations in…
Russia Targets Illegal Crypto Miners; India Advocates for CBDCs: A Global Overview
Key Takeaways Russia is intensifying efforts to regulate illegal cryptocurrency mining, proposing significant fines and penalties. India’s Reserve…
Crypto Rich Threaten to Depart California Amid New Tax Proposal
Key Takeaways Proposed California tax imposes a 5% assets tax on residents with over $1 billion, sparking debate…
Crypto Crucial: Will Tax Threats Push California’s Wealthiest to Flee?
Crypto billionaires in California are contemplating relocation due to a proposed wealth tax targeting assets over $1 billion.…
SEC now fully Republican, set for pro-crypto rulemaking in 2026
Key Takeaways The SEC is now completely under Republican control following the departure of Caroline Crenshaw, indicating a…
Fed’s Powell Associates DOJ Probe with His Resistance to Trump’s Rate Demands
Key Takeaways Jerome Powell, the Chairman of the Federal Reserve, links a criminal investigation into the Federal Reserve’s…
Top UK Lawmakers Advocate for Ban on Crypto Political Donations
Key Takeaways Seven UK parliamentary committee chairs call for legislation to ban crypto donations, citing concerns over transparency…
Coinbase Warns of Withdrawal Over Senate Crypto Bill: Report
Key Takeaways Coinbase is considering retracting its support for a significant crypto legislation pending in the U.S. Senate…
UK Backbenchers Committee Demands Total Ban on Crypto Political Contributions
Key Takeaways: A group of senior Labour MPs are advocating for a total ban on cryptocurrency donations to…
India Tightens KYC Requirements for Crypto User Onboarding
Key Takeaways New KYC rules in India mandate stricter verification processes for crypto users, including live selfies and…
Senate Agriculture Chair Considers Postponement of Crypto Bill Vote Amid Growing Bipartisan Discussions
Key Takeaways: Senate Agriculture Chair John Boozman considers delaying the upcoming vote on the cryptocurrency legislation as bipartisan…
Coinbase Pressure Mounts as Interest-Bearing Stablecoins Reach Key Decision Week
Old Order's Backlash: Market Predicted to Be 'Paused' in Tennessee
Trump Gets Serious: Powell Faces Criminal Investigation, Rate Battle Intensifies
America's First State-Backed Stablecoin FRNT: Can It Save Wyoming Amid Energy Slump?
Binance Lists United Stables as a New Trading Option
Key Takeaways Binance is adding United Stables (U) to its platform, expanding its offerings in digital currencies. United…
2026 Top Transaction Themes: Trump's Sore-Loser Attitude, the End of the International Order
Most US debanking cases stem from government pressure, says report
Key Takeaways A report from the Cato Institute indicates that most debanking incidents in the US originate from…
UK Lawmakers Urge Ban on Political Donations in Crypto
Key Takeaways: A group of senior UK lawmakers is pushing for a legislative ban on political donations in…
Russia Targets Illegal Crypto Miners; India Advocates for CBDCs: A Global Overview
Key Takeaways Russia is intensifying efforts to regulate illegal cryptocurrency mining, proposing significant fines and penalties. India’s Reserve…
Crypto Rich Threaten to Depart California Amid New Tax Proposal
Key Takeaways Proposed California tax imposes a 5% assets tax on residents with over $1 billion, sparking debate…
App