The Presidential Working Group for Digital Asset Markets has published a report in which it presents its action plan and a vision of how the cryptocurrency industry is to develop during the rule of Donald Trump. The question is whether there is something to enjoy.
Cryptocurrencies in the USA are to be “clear”
I’ll start with positives. The group has published a report in which it indicates the need for clarity in terms of cryptocurrencies. In practice, this means the elimination of existing gaps in regulatory supervision. CFTC is to supervise cryptocurrency markets that have been recognized as goods, i.e. not securities. In turn, SEC is to deal with cryptocurrency securities. Of course, legislators must also clearly explain which cryptocurrency is the goods and which securities. This is a step in a very good direction
Stablecoin is good for the American dollar
Next, the group emphasizes that it wants to support stableleins secured with American dollar, which “will modernize payment infrastructure and allow the United States to leave from expensive and outdated systems.” Here, a key step has already been made: July 18, 2025, President Donald Trump signed the historical Genius Act, which creates the first federal regulatory framework for Stablecoin.
The working group recommends that:
- Treasury Department and banking agencies diligently and efficiently implemented the Genius law,
- Congress has taken additional actions to protect privacy and civil liberties, adopting the Anti-CBDC Surveillance State Act.
Genius act is also a strengthening of Ethereum, because it is on the basis of this network that works about 60% of stableins supply. In addition, the law makes the US interest coincide with the interest of the Ethereum and the Stablecoin dollar industry. It is not only about relying on the US on modern payment networks, but also that by supporting US Stablecoin can be easier and cheaper … in debt.
Where did this conclusion come from? Stablecoin issuers to operate in the US must buy American bonds, the development of the “stable cryptocurrency” market means a jump in demand for American securities, and this will translate into a reduction in the profitability of the latter. So the US will be able to get into debt more and cheaper. In the context of the last tax cuts introduced by Trump, it’s even a necessity!
Anti-CBDC Surveillance State Act is a law for which some Republicans lobbyed. It is a ban on CBDC emissions in the USA.
Of course, the group also demands the fight against the scams. In addition, there is an explanation of tax issues:
Our tax regulations must comply with new technologies and eliminate obstacles to comply with regulations for both natural persons and companies conducting activities related to digital assets.
What was missing here?
However, not everything can enjoy the content of the report. It is not so much about its current content – it simply lacked something important in it. There is no opinion about long -term and regular investment in BTC. It was as if other lobbyists began to operate in the White House, focused more on the Stablecoin market. Another thing is that Stablecoin can help the USA in a simpler way than investing in Bitcoin.
In supporting both market segments – Bitcoin and Stablecoin – it is about the same thing, i.e. the fight against debt, which is an increasingly burning problem of power. The development of “Stabla” will help the country get into debt in a cheaper way, investment in BTC could, in turn, help pay off this debt. Except that the latter would require a further increase in the cryptocurrency course. Supporting Stablecoin is – with such possibilities that the US still has – simpler.
Should there be a bomb, and there is a kapiszon?
So is the new report disappointing? Not really. The information it contains once again emphasizes the change that has occurred in the authorities. A negative surprise is only the departure from the strictly probitcoin policy for the Stablecoin, and therefore also Ethereum and other blockchains, on the basis of which “stable cryptocurrencies” are broadcast.
