The Trump administration’s Working Group on Digital Asset Markets plans to publish its first comprehensive report on cryptocurrency regulation by 22 July, according to multiple industry sources. The paper will outline both regulatory and legislative recommendations for the fast-growing sector. Draft language circulating among stakeholders indicates the report may propose establishing a federally funded strategic Bitcoin reserve and call for guaranteed, non-discriminatory access for qualified crypto firms to the Federal Reserve’s payment rails. The document is also expected to address broader oversight rules intended to clarify the responsibilities of market watchdogs and promote market integrity.