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White House detailed the detailed crypto policy

by Hammad khalil
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The White House has released a 160-page roadmap, stating how it is planning for crypto regulation going forwardIt brings insights from major agencies like Treasury, SEC and CFTC. Officers are calling it the most federal federal policy guide designed for digital assets, the purpose of which is still leaving a place for innovation and establishing clear rules.

Coordinated action replaces scattered reactions

This makes the new roadmap on the executive order of 2022, but takes things forward. In response to the scattered agency, it pushes for coordination on the key, staging, token classification, stabeloin oversight and DEFI monitoring. The goal is to stop treating crypto like a later and start addressing it with consent rules.

What is crypto and how to define Its Treatment

One of the following Roadmap The big goal is to bring more clarity about how regulatory crypto assets define assets. This pushes the agencies to exclude when visual safety or objects are, how platforms should be registered, and detention to what to complain. Roadmap also puts crypto and keeps improvement on the table, essentially for staging and mining activities.

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StableCoins are achieving special properties under the Genius Act, which pushes for a standardized structure across the country. Meanwhile, the administration is supporting an American central bank digital currency, saying that the current regulators have enough to handle it for now. Congress is Is being said Some of these ideas in the law to step into the law and pass.

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Consumer protection is a clear priority

Major crypto firms have been in collapse in the last two years Clearly Influenced this roadmap. Are agencies Tell To further enforce the enforcement and go after scams, shady custody practices and pump-dump plans. The scheme also includes efforts aimed at helping the general public under the risks of crypto, people who in eight Are not Already deep in space.

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Market stability and money laundering top list

Report Does not invest Shine on concerns about systemic risk. StableCoins and Defi tools that can affect traditional markets Flags being given For tight oversite. there is A stress focuses on focusing on how agencies share information and beef the anti-laundering rules. Justice Department hopefully To lead some more aggressive enforcement efforts, especially around things such as ransomware and serious evidence.

Support for innovation, but with railing

Unlike the previous approaches, which leaned towards the restriction, it leaves space for the roadmap crypto companies growing. The administration wants the private sector to continue searching for blockchain use cases, which improves the financial infrastructure. While a central bank digital currency is still being reviewed, the overall message is Crypto Does not invest Need to do Stringent To be well

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No update on Federal Crypto Reserve Plan

Earlier this year, the White House swamped the idea of creating a strategic reserve of bitcoins and other digital assets. This scheme is not noticeable with this roadmap. there is There is no mention of how it wants FinancialManaged, or integrated into broad financial systems. Leaves a big open question about it Government Long -term importance in this place.

Congress still holds the key

While regulators can proceed immediately on some of these proposals, otherwise Congress is required to work. Which includes most Important Flings such as stablecoin laws, asset classifications and potential reforms to exchange registration. Some bills are already in speed, but there is Any clear time can be passed when anyone can be.

An important mother crypto policy for us

This roadmap is a significant turn for crypto regulation. It takes Crypto seriously and tries to create a framework where the industry can work with clear legal limitations. Or it In fact It leads to better rules or only more red tape will be on how soon it runs to agencies and MPs. Ether Way, Crypto is not considered like a niche issue in Washington.

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key takeaways

  • The White House released a 160-pain Crypto Roadmap with input from Treasury, SEC and CFTC, which shows the most detailed federal political impact on digital assets to date.

  • The plan pushes for coordinated regulation agencies, which aim to clarify tokens, stabechoin rules and DEFI oversight.

  • Consumer protection and enforcement are central, with scams, risky custody practices and a rift on strong public education efforts.

  • Stablecoins and Defi Equipment Marked For potential systemic risk, which are moving attempts and cross-fingers coordination Strengthen,

  • Congress is being accepted to pass new laws, increasing stabelin and asset definitions, which a proposed federal crypto reserve Was left Out of the roadmap.

The Post White House first appeared to the detailed crypto policy blueprint on 99bitcoins.

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