‘Time Is Now’ for US to Lead Global Crypto Race, Says CCI Chief

‘Time is now’ for US to lead global crypto race, says CCI chief

With the White House’s latest digital assets report, CCI chief Ji Kim says the US is finally stepping up to claim its place at the front of the global crypto race.

White House Digital Assets Report paves the way for US deregulation

In a report released on Wednesday, 30 July, the President’s Working Group on Digital Assets Markets surveyed the current state of US digital assets and its regulatory status and made recommendations that could see a resurgence of the sector in the US. The report finds that digital asset regulation in the US is “aggressive” and amounts to “regulatory overreach,” as US President Donald Trump had often repeated during his campaign. It also notes th…

US regulators race to implement White House crypto overhaul

Project Crypto sets out to clarify digital asset rules, while the Senate Banking Committee is reviewing responses to its market structure proposal. The post US regulators race to implement White House crypto overhaul appeared first on CoinGeek.

White House Report Divides SEC And CFTC Authority Over Digital Assets

The Trump administration released its comprehensive cryptocurrency policy report on Wednesday, outlining specific roles for federal regulators. According to Cointelegraph, the President's Working Group on Digital Assets proposed dividing responsibilities between the Securities and Exchange Commission and the Commodity Futures Trading Commission.The CFTC will gain authority over spot crypto markets under the new framework. This addresses longstan…

U.S. Aims to Be the Global Leader in Digital Assets With New Regulatory Framework

In a bold move towards positioning the United States as the epicenter of digital finance, Treasury Secretary Bessent unveiled significant advancements during the launch of the White House Digital Assets Report. The event, which took place in Washington, D.C., highlighted a stark shift in the regulatory landscape for cryptocurrencies and other digital assets, marking what Secretary Bessent termed “America’s Hard Fork.” In his remarks, Secretary B…