White House releases digital asset report, no substantive update to bitcoin reserve plan

The White House has released its long-awaited report on digital assets, which lays out a national strategy to position the United States as a global leader in blockchain, cryptocurrency markets, and tokenized finance. While the report covers a wide range of digital asset policy areas, it does not provide a substantive update on the government's planned bitcoin reserves. It merely reiterates statements made in President Trump's January executive order, with no next steps or timeline for implementation. The report stems from an executive order signed by President Trump in January establishing an interagency task force on digital assets and emerging technologies such as artificial intelligence. The 166-page document, spearheaded by White House cryptocurrency and artificial intelligence chief David Sacks and executive director Bo Hines, integrates input from the Treasury, Commerce, Securities Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) and lays out proposals to simplify regulation, support innovation and modernize regulation.