The U.S. White House is set to release its first cryptocurrency monetary policy report this month, according to reports.

## Notable movements of the administration

According to a report by cryptocurrency journalist Eleanor Terrett on the 22nd, the White House plans to submit its first cryptocurrency policy report on July 22 (U.S. time) and aims to publish it by the end of the month. This report is expected to be the first large-scale cryptocurrency policy blueprint by the Trump administration and has garnered attention as the result of months of inter-agency collaboration.

The Presidential Working Group on Digital Assets, co-led by David Sachs, the White House's cryptocurrency czar, and Bo Hines, the executive director of the Digital Assets Advisory Committee, has prepared a report. This is the first deliverable of the working group, established in January under a presidential directive aimed at strengthening the United States' leadership in the cryptocurrency sector.

The report is expected to include regulatory and legislative proposals regarding national digital asset reserves and strategic Bitcoin (BTC) reserves. There is also a high likelihood that recommendations related to national security focusing on measures against illicit finance and sanctions evasion will be included.

The working group was initially responsible for building the federal stablecoin framework, but this goal has been effectively achieved with the passage of the Genius Act last week. It is now focusing its activities on examining issues related to market structure, oversight, consumer protection, and risk management.