The Trump administration’s Digital Assets Task Force will release its first major policy report on July 22, as excitement for “Crypto Week” grows. The House has temporarily paused its work after passing the “One Big Beautiful” spending bill, and now the Senate is focusing fully on cryptocurrency policy and regulation. Is a strategic Bitcoin reserve on cards?
Trump Officials Ready July 22 Release of Long-Awaited Crypto Policy Report
The Trump administration’s Working Group on Digital Asset Markets is scheduled to release its first major crypto policy report. Speaking to Crypto In America, a White House official confirmed the report is on track for a July 22 release. The report is likely to suggest major actions like creating a strategic Bitcoin reserve and giving all crypto companies equal access to the Federal Reserve’s payment system.
With planned hearings and new laws on the way, this report could be a key moment for U.S. crypto policy as Trump continues to influence the rules ahead of the election.
The Working Group was formed in response to Trump’s January executive order aimed at bolstering U.S. dominance in crypto innovation. Acting CFTC Chair Caroline Pham has described the group’s efforts as “productive and fruitful,” indicating the report will contain both legislative and regulatory recommendations.
As Coingape reported, the U.S. House of Representatives officially declared the week of July 14–18 as “Crypto Week.” During this time, lawmakers will focus on advancing important cryptocurrency laws. This indicates that House Republicans are advocating for changes to the regulation of digital assets in the United States.
The House GOP is focusing on changing rules for digital assets. This is a big change from the strict regulations under the Biden administration. Just a year ago, the crypto industry had strong opposition from SEC Chair Gary Gensler, and there was little progress in Congress.
Now, with Trump’s influence shaping federal policy and the GOP supporting pro-crypto measures, the situation has improved. As Crypto Week starts, investors are watching closely for news that could affect U.S. crypto regulation.
Crypto Analyst Confirms Bullish Market Outlook, Predicts Imminent Bitcoin Breakout
A well-known crypto analyst, Trader Tardigrade, has expressed a positive view for Bitcoin, suggesting it may soon experience a significant price increase. Tardigrade believes that Bitcoin has finished its corrective phase, known as wave two, and is now moving into wave three. This phase is usually the most powerful part of a typical Elliott Wave uptrend.
In technical analysis, wave three often brings a strong increase in momentum, usually breaking past previous highs with high trading volume and solid market confidence. The trader’s weekly chart analysis points to a possible breakout, boosting overall optimism in the market as the Crypto week begins.
Coingape Staff
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