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# White House Releases Long-Awaited Digital Assets Report
The White House has released the long-awaited digital assets report, which establishes a national strategy aimed at positioning the United States as a global leader in blockchain, cryptocurrency markets, and tokenized finance. Although the report covers a broad range of digital asset policy areas, it does not provide substantive updates on the government's planned bitcoin reserve, merely reiterating language from President Trump's January executive order without outlining implementation steps or timelines. The report stems from an executive order signed by President Trump in January, which established an interagency working group on digital assets and emerging technologies such as artificial intelligence. This 166-page document was led by White House Cryptocurrency and Artificial Intelligence Coordinator David Sacks and Executive Director Bo Hines, integrating input from the Treasury Department, Commerce Department, Securities and Exchange Commission (SEC), and Commodity Futures Trading Commission (CFTC), and outlines multiple proposals regarding streamlining regulation, supporting innovation, and modernizing oversight. The report recommends that Congress improve legislation to empower the Commodity Futures Trading Commission (CFTC) to regulate spot markets for non-securities digital assets and support the development of decentralized finance (DeFi) technology. The report also calls on the Securities and Exchange Commission (SEC) and CFTC to utilize existing authorities to clarify regulatory rules for digital asset trading and promote the implementation of innovative financial products. Additionally, the working group recommends that regulators advance banking sector innovations related to digital assets, implement a federal regulatory framework for stablecoins, and strengthen anti-money laundering measures.