The Trump administration on 30 July released its first comprehensive framework for digital assets, publishing a 166-page report prepared by the President’s Working Group on Digital Asset Markets and a companion policy paper from Treasury Secretary Scott Bessent titled “The Road Map to Making America a Crypto Superpower.” The documents, authorized under Executive Order 14178, outline how the White House intends to cement U.S. leadership in blockchain technology and cryptocurrency markets. Among the highest-profile recommendations, the report calls on Congress to pass the Digital Asset Market Clarity Act and urges regulators to grant the Commodity Futures Trading Commission clear authority over spot trading in non-security crypto assets. It also asks the Securities and Exchange Commission, Federal Reserve and other agencies to tailor rules for custody, trading and disclosure so new digital-asset products can reach consumers without what the report describes as “bureaucratic delays.” Banks would be required to offer services to crypto firms on the same terms provided to other customers, ending what the administration says is discriminatory “de-risking.” The blueprint sets out several structural changes to the financial system. A strategic Bitcoin reserve will be managed by the Treasury and initially capitalized with confiscated coins, which the department says will “generally not be sold.” The Federal Reserve, meanwhile, is explicitly barred from issuing a central-bank digital currency, reaffirming a CBDC ban enacted earlier this year. The plan endorses full-reserve, dollar-backed stablecoins subject to independent audits and promotes tokenization, decentralized finance and self-custody as national priorities. Bessent urged lawmakers to move quickly, saying the measures would help make the United States “the crypto capital of the world.” Industry groups praised the release, while regulators are now expected to begin drafting detailed rules based on the administration’s recommendations.