The U.S. Department of the Treasury published Treasury Secretary Scott Bessent’s remarks at the White House launch of the Digital Assets Report, framing the report as a blueprint for federal digital asset policy and a basis for a coordinated regulatory and legislative agenda. Bessent said the report reflects months of research and more than 1,000 meetings by the Presidential Working Group on Digital Asset Markets and sets out over 100 recommended actions across countering illicit finance, making crypto taxation more predictable, reinforcing dollar dominance through stablecoins, and modernising bank regulation for digital assets. The remarks also highlighted the GENIUS Act as providing regulatory clarity for the stablecoin market and urged Senate action on market structure legislation, citing the House’s CLARITY Act as an example. He described implementing the report’s recommendations and advancing market structure legislation through the Senate as the next steps.
U.S. Department of the Treasury 2025-07-31
U.S. Department of the Treasury presents White House Digital Assets Report roadmap and presses for Senate passage of crypto market structure rules
The U.S. Department of the Treasury released Treasury Secretary Scott Bessent’s remarks at the White House launch of the Digital Assets Report, a blueprint for federal digital asset policy. The report includes over 100 recommended actions on issues like illicit finance, crypto taxation, stablecoins, and bank regulation modernization. Bessent emphasized the need for Senate action on market structure legislation, referencing the House’s CLARITY Act.