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#GENIUS Stablecoin Act# Trump had requested: The White House's cryptocurrency report could be released at any time.
The release of the critical report, commissioned by US President Trump and set to shape the future of the cryptocurrency market, is imminent. According to a report citing White House officials, the report is expected to include recommendations such as a national digital asset reserve and a strategic Bitcoin reserve.
Just days after taking office on January 20th, US President Donald Trump issued an executive order titled "Strengthening US Leadership in Digital Financial Technologies," aimed at promoting cryptocurrencies. One of the key provisions of the executive order stipulated that the Digital Assets Working Group produce a report outlining its recommendations for new policies within 180 days. That report has now expired, and initial reports from the White House indicate that it will be released within a few days.
The report will be the first comprehensive crypto policy report prepared by the Trump administration and is considered the product of months of interagency collaboration. The official release date for the report was set for today, but White House officials say it will be released closer to that date and "definitely" before the end of the month.
While details are not yet finalized, the report is expected to include recommendations such as establishing a national digital asset reserve and a strategic Bitcoin reserve. It is also anticipated that recommendations will strengthen national security against illicit financial activities and sanctions violations.
This report from the US represents a critical milestone not only in terms of regulatory action but also for the future of the crypto market. If the US takes steps such as establishing a strategic Bitcoin reserve, positive price movements and a broader wave of adoption can be expected in the markets. Therefore, the content of the report will have a direction-setting significance not only for the US but also for the global cryptocurrency markets.