The cryptocurrency working group urges regulators to ensure that new financial products reach consumers without red tape.
President Trump holds up the “GENIUS Act” alongside House Speaker Mike Johnson (R) after signing the bill in the East Room of the White House on July 18, 2025. Win McNamee/Getty Images
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The White House released a cryptocurrency report on July 30 that provides recommendations for regulators to help establish a framework that fosters U.S. innovation in the digital assets sector.
The report was developed by a cryptocurrency working group established by President Donald Trump and made up of several federal government officials, including Treasury Secretary Scott Bessent.
Aldgra Fredly is a freelance writer covering U.S. and Asia Pacific news for The Epoch Times.
