The White House of the United States released a digital asset report

ChainCatcher news, the White House cryptocurrency report has been officially released. From the railroads connecting the East and West coasts to the internet connecting the entire world, every generation of American entrepreneurs has led the construction of the next generation of technologies since the founding of the nation. "Crypto 3" should be no exception.

As the authors of this report, the Working Group supports the idea that digital assets and blockchain technology can not only fundamentally transform the financial system of the United States but also revolutionize the ownership structure and governance systems across the entire economy. American entrepreneurs who leverage these technologies to create emerging industries should receive clear policy guidance and full recognition of their achievements. The core policy recommendations are as follows:

· American citizens and businesses should have the right to legally hold digital assets and use blockchain technology without fear of accountability;

· Lay the foundation for the deepest and most liquid U.S. digital asset market in the world: The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) should immediately utilize their existing authority to open digital asset trading at the federal level.

· Banking regulators should not repeat the mistakes of the Biden administration's "Constraining Action 2," but should embrace the opportunities brought by blockchain and digital assets;

· Support the U.S. dollar stablecoin as the core of payment innovation in the digital age, helping to maintain the dollar's dominance globally;

· U.S. law enforcement agencies should have the ability to combat illegal activities involving digital assets, but must not misuse tools to suppress law-abiding citizens, etc.