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ARTICLE · 22 AUGUST 2025

Arnold & Porter Discusses Banking Issues In President's Working-Group Report On Digital Assets

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On July 30, 2025, the White House released a report titled "Strengthening American Leadership in Digital Financial Technology," which outlines the Trump administration's proposed policy roadmap on digital assets (Report).

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On July 30, 2025, the White House released a report titled "Strengthening American Leadership in Digital Financial Technology," which outlines the Trump administration's proposed policy roadmap on digital assets (Report). The Report was mandated by Executive Order 14178, issued on January 23, 2025, which, among other things, established the President's Working Group on Digital Asset Markets (PWG) and required the PWG to submit a report recommending regulatory and legislative proposals to advance the growth and use of digital assets, blockchain technology, and related technologies. Although the Report covers a range of topics, this Advisory focuses solely on the observations and recommendations of the PWG pertaining to the engagement by banking organizations with digital assets and market participants in the digital asset sector and the regulatory framework that should apply to such activities.

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