The White House to Issue Crypto “Regulatory Bible”

The White House will publish a comprehensive crypto policy report. Industry insiders call it a “regulatory Bible” for its detailed coverage of digital asset rules, Bitcoin reserve strategies, and tax guidance.

The report creates a unified framework for U.S. digital asset regulation. It covers tax obligations, anti-money laundering standards, stablecoin oversight, tokenized securities, and proposals for a strategic bitcoin reserve.

President Donald Trump ordered the document through a January executive order. It was prepared by the Presidential Working Group on Digital Asset Markets, a team that reportedly includes Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and SEC Chairman Paul Atkins.

This document clarifies tax obligations for digital asset transactions and updates agency rules to address oversight gaps in stablecoins and decentralized finance. It strengthens consumer protections against fraud and market manipulation while proposing enhanced anti-money laundering frameworks to combat illegal activities.

Digital Chamber CEO Cody Carbone called the report a “regulatory Bible” and praised its scope. He said “tax clarity is number one” and emphasized its foundational importance, without mentioning potential operational cost impacts of KYC/AML requirements.

Industry participants, such as Blockchain Association CEO Summer Mersinger and Wintermute’s Ron Hammond, called the report a “milestone” and a fulfillment of Trump’s campaign promises.

After release, the SEC, CFTC and FinCEN will propose detailed regulations based on the White House guidance. Public comment periods will follow these proposals. Congress may pass laws to formalize parts of the report. The U.S. will likely work with international partners as other countries develop their own frameworks.

Crypto firms and investors will need to adapt to these foundational rules as the industry enters structured federal oversight.