Market Structure Shifts as White House Releases First Crypto Policy Report Tomorrow
The post Market Structure Shifts as White House Releases First Crypto Policy Report Tomorrow appeared on BitcoinEthereumNews.com. The White House is scheduled to release its inaugural crypto policy report tomorrow. This move is poised to reshape the country’s digital asset landscape. Following the passage of the landmark market structure bills like the CLARITY Act, the White House is setting the stage for a new era in crypto regulation. White House Crypto Policy Report, Market Structure Overhaul Ahead? As per Fox Business journalist Eleanor Terrett’s report, the White House will release its first crypto policy document on July 22. As the Senate is reportedly focusing on crypto market structure bills, the potential report is slated to redefine the industry. Significantly, the forthcoming White House crypto report stems directly from Executive Order 14178, issued on March 9, 2022. Titled “Ensuring Responsible Development of Digital Assets,” this order marked a pivotal shift in the US government’s approach to crypto, transitioning from a reactive to a proactive stance. It aims to unify digital asset policy across government agencies, solidifying US leadership in the global crypto economy. The timing of this move is particularly significant. The US House’s “Crypto Week” has wrapped up on a promising note, with the passage of pivotal bills like the GENIUS and CLARITY Acts, boosting optimism in the domestic crypto market. Why This Report is Important? Meanwhile, the White House Digital Asset Market Working Group is set to further this momentum with its July 22 policy report. The report is expected to outline key regulatory and legislative recommendations, potentially including the creation of a national digital asset reserve and measures to ensure crypto companies have equitable access to banking services. In addition, the crypto policy report and the upcoming market structure bills may include potential ways to tackle crypto crimes and national security risks, examine the role of CBDCs, promote energy-efficient mining practices, etc. Significantly, the report…
The post Market Structure Shifts as White House Releases First Crypto Policy Report Tomorrow appeared on BitcoinEthereumNews.com.
The White House is scheduled to release its inaugural crypto policy report tomorrow. This move is poised to reshape the country’s digital asset landscape. Following the passage of the landmark market structure bills like the CLARITY Act, the White House is setting the stage for a new era in crypto regulation. White House Crypto Policy Report, Market Structure Overhaul Ahead? As per Fox Business journalist Eleanor Terrett’s report, the White House will release its first crypto policy document on July 22. As the Senate is reportedly focusing on crypto market structure bills, the potential report is slated to redefine the industry. Significantly, the forthcoming White House crypto report stems directly from Executive Order 14178, issued on March 9, 2022. Titled “Ensuring Responsible Development of Digital Assets,” this order marked a pivotal shift in the US government’s approach to crypto, transitioning from a reactive to a proactive stance. It aims to unify digital asset policy across government agencies, solidifying US leadership in the global crypto economy. The timing of this move is particularly significant. The US House’s “Crypto Week” has wrapped up on a promising note, with the passage of pivotal bills like the GENIUS and CLARITY Acts, boosting optimism in the domestic crypto market. Why This Report is Important? Meanwhile, the White House Digital Asset Market Working Group is set to further this momentum with its July 22 policy report. The report is expected to outline key regulatory and legislative recommendations, potentially including the creation of a national digital asset reserve and measures to ensure crypto companies have equitable access to banking services. In addition, the crypto policy report and the upcoming market structure bills may include potential ways to tackle crypto crimes and national security risks, examine the role of CBDCs, promote energy-efficient mining practices, etc. Significantly, the report…
What's Your Reaction?
