Opinion: The Crypto "Regulatory Bible" Soon to Be Released by the White House May Shape Policy Direction for the Next Three Years
According to Jinse Finance, the White House is expected to release a key regulatory report on the crypto industry this Wednesday, which is being referred to within the industry as the "regulatory bible." The report is anticipated to clarify the federal government's stance on digital assets and provide framework recommendations for congressional legislation. This report stems from an executive order signed by Trump in January and is being drafted by the President's Digital Asset Working Group, which includes Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, SEC Chairman Paul Atkins, and others. The report may cover tax policy, stablecoins, regulatory frameworks for tokenized securities, and could even include the revision or repeal of outdated regulatory guidance. Although the current draft does not address a Bitcoin strategic reserve, sources indicate that related content may be added at the last minute. The strategic reserve, first proposed by Trump in March, aims to establish a national digital asset reserve without increasing the burden on taxpayers. Several industry leaders will participate in Wednesday's briefing, and organizations such as The Digital Chamber and the Blockchain Association regard this as a significant milestone in the advancement of U.S. crypto policy.
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