Michaela
Summary: What is the main goal of Trump’s crypto report?
The report aims to create clear rules for how digital assets are classified and regulated in the U.S. It recommends shared oversight between the SEC and CFTC to avoid confusion. It also supports private stablecoins and urges Congress to block the development of a U.S. CBDC.
President Donald Trump’s Working Group for digital assets has released its much-anticipated crypto report detailing proposed guidelines for U.S. crypto regulation. The report outlines recommendations across several key areas, including market structure, regulatory jurisdiction, banking access, and cryptocurrency taxation.
“The Working Group, as the author of this report, endorses the notion that digital assets and blockchain technologies can revolutionize not just America’s financial system, but systems of ownership and governance economy-wide,” the Working Group wrote in an official statement.
The crypto report opens by tackling one of the most foundational challenges in digital asset regulation: creating a clear taxonomy that distinguishes between cryptocurrencies classified as securities and those treated as commodities. “A clearer, agreed upon taxonomy is essential to ensure both the healthy development of the digital asset ecosystem and consumer and investor protection,” the crypto report wrote.
Additionally, the crypto report also calls for a collaborative regulatory framework, proposing that the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) share jurisdiction over digital assets. Under this approach, the CFTC would oversee commodity tokens, while the SEC would regulate tokens classified as securities, reinforcing the need for coordinated oversight across the crypto landscape.
“As the report makes clear, the SEC will continue to play a key role in developing a federal framework by using its existing authorities to establish new rules and regulations, and to implement any new legislation crafted by Congress,” SEC Chairman Paul Akins said in a statement released by the Commission.
Furthermore, the crypto report also urged banking regulators to simplify and clarify the process for obtaining a bank charter, aiming to improve transparency and accessibility for digital asset firms. The report also addressed the evolving role of stablecoins in payments, emphasizing the importance of supporting their development to help preserve the U.S. dollar’s global dominance.
The report also called on Congress to advance the CBDC Anti-Surveillance State Act, effectively urging lawmakers to block both the development and exploration of a central bank digital currency (CBDC) in the United States.
Crypto Report Impact on Shibarium
For SHIB holders and the broader Shibarium ecosystem, the policy recommendations outlined in the report signal a potential turning point. As U.S. regulators move toward clearer definitions for digital assets, distinguishing between securities and commodities, projects like Shiba Inu stand to benefit from increased clarity.
This could strengthen the foundation for Shibarium’s expanding token ecosystem, making it easier to align with compliance expectations while growing adoption.
The call for collaborative oversight between the SEC and CFTC also suggests a more coordinated regulatory environment. For Shibarium, this could mean smoother integration across bridges and platforms, as well as improved liquidity options for tokens like BONE, LEASH, and TREAT.
Meanwhile, the report’s support for private stablecoins, paired with its skepticism toward a U.S. central bank digital currency, points to a favorable environment for decentralized payment systems. That aligns closely with Shibarium’s ongoing efforts to build user-first tools for commerce and DeFi.
Read More
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- Trump Pushes Clear Crypto Regulations as Senate Preps GENIUS Act Vote
- How Will New Crypto Regulations Affect Startups and Investors in 2025?
Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
