Bitcoin News Today: White House Crypto Report Omits Bitcoin Reserve Spur Market Dip 11.7%

The White House’s newly released digital asset policy report has drawn attention for its deliberate exclusion of any mention of a U.S. Bitcoin reserve, despite earlier executive orders and public discussions that had suggested such a plan was under consideration [1]. The report, produced by the Presidential Working Group on Digital Assets, outlines a comprehensive strategy to enhance regulatory clarity, promote innovation, and integrate digital assets into the broader financial system [1]. Key priorities include expanding upon recent congressional efforts, such as the Digital Asset Market Clarity Act, and accelerating the implementation of the GENIUS Act, which mandates clear standards for stablecoins [1].

The report recommends that Congress build upon the House’s recent crypto legislation and align it with pending Senate proposals to create a cohesive regulatory framework [1]. It also emphasizes the need for federal regulators like the SEC and CFTC to close existing gaps in oversight and to reduce bureaucratic barriers that have historically constrained the industry’s growth [1]. According to the fact sheet, the working group, composed of high-ranking officials including Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and SEC Chair Paul Atkins, is pushing for a more flexible and business-friendly regulatory environment [1].

A significant portion of the report is devoted to fostering innovation in decentralized finance (DeFi). The administration proposes the use of regulatory sandboxes and safe harbor programs to allow developers to test new financial products without immediate enforcement risks [1]. This approach aims to strike a balance between innovation and consumer protection. The report also highlights the role of stablecoins—particularly those pegged to the U.S. dollar—as tools to reinforce the dollar’s global influence and to support everyday financial transactions [1].

In contrast to the previous Biden administration’s aggressive regulatory stance, the Trump-led report signals a more accommodative approach. The SEC has paused several high-profile crypto-related lawsuits, and the DOJ has disbanded its crypto enforcement team [1]. The Treasury and IRS are being urged to revise tax reporting rules for activities such as mining, staking, and small transactions, which could help integrate digital assets into daily economic life [1].

Notably, the report does not address the Strategic Bitcoin Reserve, a program first outlined in March by President Trump [1]. This omission has raised questions about whether the administration is shifting its focus away from long-term asset management in favor of short-term regulatory reforms [2]. Analysts suggest that the decision to exclude the reserve may be strategic, allowing the administration to prioritize immediate policy actions over speculative asset accumulation [2].

The absence of the reserve has also had a visible impact on the market. In the 24 hours following the report’s preview, Bitcoin prices dipped to $117,529, reflecting uncertainty among investors [3]. The market is now watching for further details in the full report, which is expected to provide a more comprehensive look at how federal policy can support digital assets through updated rules and collaboration with regulators [1].

Overall, the report marks a significant pivot in U.S. crypto policy, emphasizing a structured and supportive regulatory environment. The focus on stablecoin oversight, DeFi innovation, and regulatory clarity positions the U.S. as a potential leader in digital asset markets. However, the lack of clarity on the Bitcoin reserve remains a key unresolved question, leaving the door open for further developments [1].

Source:

[1] The Crypto Basic – [https://thecryptobasic.com/2025/07/30/white-house-crypto-report-preview-leaves-out-bitcoin-reserve-heres-what-it-covers-instead/](https://thecryptobasic.com/2025/07/30/white-house-crypto-report-preview-leaves-out-bitcoin-reserve-heres-what-it-covers-instead/)

[2] AInvest – [https://www.ainvest.com/news/bitcoin-news-today-trump-crypto-report-omits-bitcoin-reserve-sparking-market-concerns-2507/](https://www.ainvest.com/news/bitcoin-news-today-trump-crypto-report-omits-bitcoin-reserve-sparking-market-concerns-2507/)

[3] Finbold – [https://finbold.com/btc-falls-as-trumps-crypto-report-skips-bitcoin-reserve-details/](https://finbold.com/btc-falls-as-trumps-crypto-report-skips-bitcoin-reserve-details/)