The White House's first cryptocurrency report will be released tonight at 2:30 AM.

July 30th: By the end of today, the White House is set to release the long-awaited Digital Asset 180-Day Report. There will be a press conference held by the White House at 2:30 pm ET, during which several senior government officials will be in attendance to explain and interpret the various recommendations detailed in the report. This report originated from an executive order signed by President Trump in January of this year, which tasked the "President's Working Group on Digital Assets" with the goal of enhancing America's leadership in the digital fintech field. The upcoming report is the outcome of six months of work by this working group, which is composed of David Sacks, the Director of White House Cryptocurrency and AI Affairs, Bo Hines, the Executive Director, and senior officials from the Treasury Department, Commerce Department, Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), and other agencies. Their assignment is to formulate regulatory and legislative proposals in order to advance the Trump administration's "crypto-friendly" agenda. Despite industry speculation about the contents of the report, surprisingly, as of now, there have been no leaks from the participating departments or the White House, and the report's contents remain highly classified. According to the initial mandate of the working group, the report may involve the establishment of a federal framework for digital assets, particularly stablecoins (a task that has already been completed by Congress through the "GENIUS Act"); it may also examine the feasibility of establishing a national digital asset strategic reserve - this strategic reserve was officially established by Trump through an executive order in March of this year. Some industry insiders speculate that the report may propose funding mechanisms for the proposed strategic Bitcoin reserve without adding to the burden on taxpayers - the Treasury Secretary and Commerce Secretary have been instructed to conduct research in this regard.