The Trump administration's digital assets working group plans to submit its first important report on cryptocurrency policy by July 22

According to ChainCatcher news and reported by Crypto In America, the Trump administration's digital assets working group is preparing to submit its first significant cryptocurrency policy report by July 22.

This report is the result of months of collaboration between working group leaders David Sacks, Bo Hines, and senior officials from the Treasury Department, Commerce Department, SEC, CFTC, and other agencies, aimed at implementing President Trump's executive order signed in January to strengthen the United States' leadership in the cryptocurrency sector. The report is expected to include regulatory and legislative recommendations, but specific details are still unclear. The working group's original tasks included developing a federal digital asset framework covering stablecoins (Congress has initiated related procedures) and exploring the establishment of a national digital asset reserve (which Trump set up in March).

Working group member and CFTC acting chair Caroline Pham stated in a recent speech that the report will serve as the government's "cryptocurrency roadmap" and described the current work as "productive." White House officials indicated that the report will be released as scheduled before the July 22 deadline.

Although the details of the report have not been disclosed, industry insiders speculate it may include: a strategic Bitcoin reserve fundraising plan that does not increase taxpayer burdens, and recommendations to ensure that cryptocurrency companies have fair access to banking services from institutions like the Federal Reserve— which has historically refused to allow crypto companies direct access to its payment systems.