Trump Administration Unveils Sweeping Crypto Policy Framework to Cement US Dominance
The Trump administration has released its most comprehensive cryptocurrency policy blueprint to date, positioning digital assets as a cornerstone of American innovation. The presidential working group's report outlines regulatory reforms and legislative priorities designed to fulfill Trump's pledge of making the US the global crypto capital.
Key recommendations include expanding the CFTC's authority over non-security digital asset markets and formally integrating decentralized finance into mainstream financial systems. "Digital assets can revolutionize not just finance but systems of ownership and governance economy-wide," states the report, drawing parallels to transformative technologies like railroads and the internet.
The policy push comes as Congress considers building on recent legislative progress, including the Clarity Act. Treasury Secretary Scott Bessent and SEC Chair Paul Atkins are among officials backing measures that WOULD streamline oversight while fostering innovation in blockchain technologies.