U.S. President’s Working Group Proposes Comprehensive Crypto Regulatory Framework

The U.S. President’s Working Group on Digital Asset Markets has unveiled a sweeping regulatory framework aimed at bringing clarity to the cryptocurrency sector. The 166-page report, chaired by David Sacks, the president's special advisor for AI and crypto, marks a pivotal moment in federal crypto policy.

Key recommendations include granting the Commodity Futures Trading Commission expanded authority over crypto markets and establishing clear guidelines for banks servicing digital asset firms. The proposal emphasizes tailored legislation to address the unique risks and opportunities posed by cryptocurrencies, with a focus on market structure, stablecoins, and anti-money laundering measures.

This framework represents the most comprehensive effort to date by a major government to regulate the rapidly evolving digital asset space. Market participants across all sectors—from Bitcoin miners to DeFi platforms—will need to prepare for significant regulatory developments in the coming months.