Bitcoin News Today: White House Crypto Report Stalls Strategic Bitcoin Reserve Expansion

The White House’s latest cryptocurrency report, released on July 31, 2025, outlines a comprehensive set of regulatory and policy proposals covering banking, stablecoins, and illicit finance, but notably fails to advance the Strategic Bitcoin Reserve initiative established in March. The 166-page document has drawn mixed reactions from the crypto industry, with some experts viewing it as a missed opportunity to solidify the U.S. position in the digital asset space [1].

The report reiterates the executive order from March that established the Strategic Bitcoin Reserve but offers no new measures for its expansion or active government purchasing. This absence has led to concerns among Bitcoin advocates, who had anticipated a more proactive government stance [1]. While the administration recognizes Bitcoin as a strategic asset, the lack of concrete steps to build the reserve has created uncertainty about its future and the broader U.S. digital asset strategy.

Industry leaders have expressed a range of opinions. CJ Burnett of Compass Mining described the omission as a “missed opportunity” that introduces uncertainty, while investor Calvin Ayre acknowledged the report’s detailed explanation of crypto mechanisms as a step forward. Bitcoin journalist Susie Violet Ward noted the policy shift in recognizing Bitcoin’s strategic value, despite the limited reserve details [1].

The report proposes a three-phase regulatory approach: the demolition of outdated rules, the construction of industry-friendly laws, and the implementation of new legislation. It recommends shared regulatory oversight between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), with the CFTC overseeing spot crypto markets. The administration also advocates for easier banking charters and clearer tax legislation treating digital assets as a new asset class [1].

Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, emphasized that these policies aim to foster adoption and prevent restrictive regulatory backslides. However, the absence of active government involvement in Bitcoin purchasing remains a key point of contention [1].

The Strategic Bitcoin Reserve, modeled after El Salvador’s approach, is intended to position the U.S. as a leader in digital asset strategy. Experts warn that the lack of active Bitcoin purchases could cause the U.S. to lag behind other nations embracing crypto innovation, potentially affecting investor confidence and slowing the momentum for Bitcoin as a strategic asset [1].

The report’s focus on broader policy reforms signals a shift toward clearer and more supportive crypto policies. However, the omission of active Bitcoin reserve updates leaves room for further development. Continued monitoring of legislative progress will be essential for understanding the future of U.S. crypto policy and adoption [1].

Source: [1] White House Crypto Report Highlights Bitcoin but Offers No New Strategic Reserve Plans

https://en.coinotag.com/white-house-crypto-report-highlights-bitcoin-but-offers-no-new-strategic-reserve-plans/