Trump Crypto Task Force Publishes Landmark Policy Report, Calls for Major Legislative Action

The cryptocurrency working group formed by President Donald Trump has officially published its first report, laying out the administration’s positions on market‑defining legislation and calling for sweeping regulatory changes to integrate digital assets into the U.S. financial system.

From Preview to Policy: Report Delivers First Major Findings

Created in January shortly after Trump took office, the task force was charged with overhauling U.S. crypto policy in line with the president’s campaign pledge to become the “crypto president.”

While the group’s expected focus areas—tokenization, stablecoin regulation, and market structure—were outlined earlier this week, the newly released report provides concrete proposals aimed at Congress, the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC).

White House Pushes Congress to Advance the Clarity Act and Beyond

The report urges lawmakers to pass the Clarity Act—recently approved by the House and now under Senate review—to establish a comprehensive regulatory regime for digital assets.

However, the White House is asking for additional provisions, including:

• Allowing trading platforms to also custody crypto assets.
• Creating a tailored disclosure framework for issuers of crypto securities.
• Granting the CFTC authority to oversee crypto spot markets.

The report also encourages Congress to recognize the potential of decentralized finance (DeFi) and ensure regulations enable innovation while protecting consumers.

SEC and CFTC: Call for Tokenization Frameworks and Regulatory Sandboxes

The Trump administration is calling on the SEC to establish a clear framework for blockchain‑based securities such as tokenized stocks and bonds.

It also urges both the SEC and CFTC to use safe harbors and regulatory sandboxes to accelerate product approvals, enabling innovative tokenized financial instruments to reach consumers without unnecessary delays.

Stablecoins: First Federal Law Already Signed

Earlier this month, Trump signed a landmark federal law creating a regulatory framework for U.S. dollar‑pegged stablecoins—a major win for the digital asset industry.

With the stablecoin law now enacted, the administration is prioritizing market structure legislation as the next step.

Political and Market Implications

The Trump administration’s approach marks a sharp departure from the Biden era, which pursued aggressive enforcement actions against exchanges such as Coinbase and Binance. Many of these cases have now been dropped.

By shifting toward regulatory clarity and formal frameworks, the White House is signaling that the U.S. intends to position itself as a leader in blockchain adoption and tokenized capital markets.

The release of the report cements a turning point for U.S. crypto policy, with clear implications for tokenization, stablecoins, and DeFi integration into mainstream finance.