The Trump administration plans to release its initial crypto policy framework on Wednesday through a report which outlines regulatory strategies for digital assets.
The White House working group under Bo Hines developed a report which presents new frameworks for tokenization alongside crypto taxation and consumer protection and digital asset market structure. The Trump administration supports crypto-friendly policies according to its campaign promises while reversing the Biden administration’s enforcement-oriented crypto approach.
The report demands the SEC to create blockchain security regulations while emphasizing tokenization as an asset market transformation tool. The document presents legislative proposals from Congress which aim to establish unified guidelines for industry growth.