Bitcoin News Today: Trump Admin’s Crypto Report Omits Bitcoin Strategic Reserve Details Despite Executive Order

The U.S. Trump administration released a comprehensive report from its cryptocurrency working group on July 25, 2025, offering policy recommendations to regulate digital assets [1]. The report emphasizes frameworks for consumer protection, financial stability, and anti-money laundering measures, positioning the U.S. to strengthen its leadership in global crypto governance. However, the document conspicuously omits specific details on the previously announced Bitcoin Strategic Reserve, a move that has drawn scrutiny from analysts and observers [1].

Earlier in 2025, President Trump issued an executive order mandating the creation of a centralized custodial system for government-held Bitcoin, aiming to streamline oversight and reduce fragmentation across federal agencies [1]. Despite this directive, the working group’s final report fails to elaborate on the structure, funding, or implementation of the Bitcoin Strategic Reserve, raising questions about its future direction and feasibility. Analysts have pointed out the inconsistency between the executive order and the omission of the reserve in the report, suggesting possible friction between the White House and the interagency working group [1].

Instead of focusing on the Bitcoin reserve, the report highlights collaboration with state governments, private-sector partnerships, and international regulatory alignment. It outlines a phased approach to licensing requirements for crypto exchanges and emphasizes the importance of cross-border data-sharing agreements to address illicit financial activities. These measures reflect the administration’s broader strategy to solidify the U.S. as a global leader in digital asset regulation, especially in the face of growing competition from China and the European Union.

Critics argue that the lack of clarity regarding the Bitcoin Strategic Reserve creates uncertainty about its operational structure and potential market impact. Key questions remain unanswered, such as how the reserve would be funded, whether it would involve purchasing Bitcoin from the open market, and how it would integrate with existing Treasury asset management strategies [1]. This ambiguity has led to speculation about whether the program is a long-term initiative or a politically motivated proposal without concrete implementation plans.

The administration’s inconsistent communication highlights the complexity of balancing political goals with technical execution in crypto policy. While the executive order signals a strategic interest in Bitcoin as a reserve asset, the working group’s final report appears to prioritize regulatory infrastructure over speculative financial instruments. This divergence has led to speculation that the administration may be working through internal disagreements or that the Bitcoin Strategic Reserve is being deprioritized in favor of more immediate regulatory frameworks. Market participants will be watching closely for further clarity on the administration’s approach, as it could significantly influence the future of U.S. digital asset policy and global market dynamics [1].

Source: [1] Earnings call transcript: New Gold Q2 2025 beats EPS estimates, stock dips (https://uk.investing.com/news/transcripts/earnings-call-transcript-new-gold-q2-2025-beats-eps-estimates-stock-dips-93CH-4187269)