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White House Releases 166-Page Digital Asset Policy Report Formalizing Bitcoin Reserve

Confirming the active bitcoin reserve, the report defines new policy structures for digital assets, omitting details on the separate stockpile’s holdings.

A cutout of President Donald Trump holding a Bitcoin is displayed on a group of servers during The Bitcoin Conference at The Venetian in Las Vegas on May 27, 2025. (Photo by IAN MAULE/AFP via Getty Images)
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Overview

  • The White House published its 166-page Digital Asset Policy Report on August 1, fulfilling mandates from two executive orders on crypto regulation.
  • It confirms that the Strategic Bitcoin Reserve holds over 198,000 BTC and will generally refrain from selling its bitcoin.
  • Treasury and Commerce are tasked with devising budget-neutral strategies to acquire additional bitcoin without burdening taxpayers.
  • A separate Digital Asset Stockpile for other forfeited tokens is established but lacks a specified asset list and timeline for management.
  • The report directs federal regulators to restart crypto banking innovation programs, enable digital asset trading at the federal level, fast-track stablecoin rules under the GENIUS Act and oppose central bank digital currencies.