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ARTICLE · 12 AUGUST 2025

New White House Report Outlines U.S. Policy For Digital Assets

Jones Day
Jones Day
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On July 30, 2025, President Trump's Working Group on Digital Asset Markets released a comprehensive policy report titled "Strengthening American Leadership in Digital Financial Technology" (the "Report").

United StatesTechnology
Bradley Brasser
Bradley Brasser
Michael Dawson
Michael Dawson
Seth E. Engel
Seth E. Engel
Abradat Kamalpour
Abradat Kamalpour
Mary Alexander Myers
Mary Alexander Myers
Nicholas Podsiadly
Nicholas Podsiadly
Laura S. Pruitt
Laura S. Pruitt
Mark W. Rasmussen
Mark W. Rasmussen
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On July 30, 2025, President Trump's Working Group on Digital Asset Markets released a comprehensive policy report titled "Strengthening American Leadership in Digital Financial Technology" (the "Report"). The Report sets forth a pro-innovation agenda for digital assets, blockchain technology, and related financial systems and aims to foster responsible growth, regulatory clarity, and global competitiveness, while addressing risks related to illicit finance and national security.

The Report marks a decisive shift from prior enforcement-driven approaches, emphasizing the need for a clear, technology-neutral regulatory framework to support lawful digital asset activities. The Report calls for Congress to enact legislation affirming individuals' rights to maintain custody of digital assets and to engage in lawful peer-to-peer transactions without financial intermediaries. The Report also recommends lawmakers clarify the application of the Bank Secrecy Act to software

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