#Trump #Crypto Working Group Pushes for Clearer Digital Asset Rules


The White House digital asset task force has called on regulators to clarify trading rules and accelerate innovation.


The working group, led by David Sacks, urges the SEC and CFTC to enable federal-level digital asset trading immediately.


Recommendations include eliminating bureaucratic delays hindering innovative financial products.


The group proposes recognizing cryptocurrencies as a new asset class with modified tax rules.


Three major crypto bills were passed in July, including the GENIUS Act, CLARITY Act, and Anti-CBDC Surveillance State Act.


Trump signed the #GENIUS Act into law on July 18, while other bills head to Senate consideration.


Major Wall Street players including JPMorgan and Bank of America signal plans for stablecoin market entry.


The industry expects the GENIUS Act to catalyze real-world asset #tokenization by removing regulatory hurdles.


The Atlantic Council notes banks will likely begin offering crypto assets to customers.

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July 30, 2025 at 9:53 PM
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