Washington Targets ‘Crypto Capital’ Status with Sweeping Policy Plan

The White House has unveiled a comprehensive roadmap aimed at transforming the United States into a global leader in cryptocurrency regulation and innovation. The 168-page report, stemming from Executive Order 14178 signed by President Donald Trump in January, marks a significant shift in federal policy toward digital assets.

Once skeptical of crypto, President TRUMP now positions it as a pillar of economic strategy. The order established the President’s Working Group on Digital Asset Markets, which includes Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and SEC Chair Paul Atkins. The group was tasked with aligning regulatory and legislative efforts with Trump’s goal of making America the "crypto capital of the world."

Key recommendations include authorizing the CFTC to regulate spot markets for non-security digital assets, backing the CLARITY Act, and creating tailored regulatory structures for emerging sectors like DeFi. The administration is also pushing for clearer banking rules around crypto custody, stablecoin issuance, and blockchain usage.