In a significant move to strengthen American leadership in digital financial technology, the White House has released a roadmap for cryptocurrency regulation, emphasizing a pro-innovation mindset. The new policy report outlines recommendations from the President’s Working Group, urging Congress to open up opportunities in the crypto market while also calling for the SEC to take action on regulatory frameworks. Despite expectations for the report to boost Bitcoin prices, market reactions have been mixed, with Bitcoin dipping below $116,000 post-release. The report highlights the importance of stablecoins in maintaining dollar dominance and underscores the need for transparency regarding foreign crypto account taxation. The initiative is part of a broader effort to position the U.S. as a capital for cryptocurrency, fulfilling previous commitments made during the Trump administration.