US White House To Release First Crypto Policy Report Tomorrow — What To Expect

The American White House is scheduled to issue the first encryption policy report on July 22. This is based on the executive order that President Donald Trump signed When he first placed digital asset working group.

The American White House for the issuance of the encryption policy report

according to Executive orderThe work group was assigned to submit a report to the president within 180 days of the date of request, making the deadline on July 22 of the time signed on January 23. Bitcoin strategic reserves.

The report will include the evaluation of the working group of how to establish and maintain the United States National digital assets stocksAs well as suggesting the standards of creating such a stock. These coins are likely to be obtained from the cryptocurrencies that the US federal government has seized through law enforcement.

Based on the executive order to follow up Trump fell in MarchThe entire strategic reserves for bitcoin will also submit the US White House policy report an update on the BTC amount that the country maintains. Imposing the executive order that each federal agency provides the digital asset working group with full accountability for all government digital assets in its possession.

The US White House policy report will also shed light on the legislative steps taken by Congress towards codifying the strategic Bitcoin reserves in the law. Senator Cinemia Lomes has already provided Bitcoin Law. The draft law proposes that the United States obtain a million BTC over a five -year period as part of the Bitcoin Reserve Initiative.

The draft law is likely to occupy the lead center once the US Senate will take place with the Law of Clear and CBDC. Trump has already signed Genius In the law, which provides a regulatory framework for Stablecoins and ensures that the Federal Reserve is not created.

How much does it really have the United States

There was a recent discussion about the amount of Bitcoin owned by the United States, which is why the White House policy report is in time. Bitcointreasuries data It shows that the country has 198,012 BTC. However, a Response freedom of information The American Marshal service reported that the agency has only 28,988 BTC.

This represents less than 80 % of the bitcoin amount believed to be believed. However, there is still a possibility that another federal agency is in detention for some other coins. Senator Lomes It sheds light on anxiety, noting that if the United States has already sold more than 80 % of its BTC reserves, it will put the country in a non -favorable position in the race to control Bitcoin space.

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