White House Crypto Report Preview Omits Bitcoin Reserve, Focuses on Regulatory Clarity and Innovation

The White House has unveiled a preview of its 180-day crypto report, marking the administration's first major policy document on digital assets since the Presidential Working Group on Digital Asset Markets was established in January 2025. Notably absent is any mention of a Bitcoin reserve, a topic that had been widely speculated upon.

The report emphasizes accelerating innovation and providing regulatory clarity, urging the SEC and CFTC to close existing gaps and permit digital asset trading at the federal level. This move aims to streamline registration, trading, custody, and compliance processes for crypto companies and investors, eliminating years of bureaucratic delays.

Decentralized finance (DeFi) takes center stage, with recommendations for regulatory sandboxes and SAFE harbor programs to foster rapid development without early enforcement risks. Stablecoins also feature prominently, though the preview cuts off before detailing specific proposals.