White House Releases Report to Clarify US Crypto Regulations

The White House has released the much-anticipated report that outlines the official policy recommendations for digital assets. In a historic moment for the U.S. crypto industry, the report was published by the Working Group on Digital Assets. The aim of the report is to resolve years of regulatory ambiguity and clearly define the responsibility of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

Much-Anticipated Crypto Report Released

Among the report’s most significant proposals is the formal division of oversight between the SEC and CFTC. The CFTC would gain authority over spot crypto markets, a domain that has remained murky due to overlapping jurisdictions and enforcement conflicts. Legal experts and market participants have hailed this recommendation as a foundational step toward a more coherent and scalable regulatory environment.

"Letting each body oversee the instruments that best align with their expertise avoids duplication and confusion," said Edwin Mata, CEO of the tokenization platform Brickken, in a statement to Cointelegraph. Mata emphasized that this move would foster "consistent legal interpretations" and help form legal opinions on more solid ground. “This is critical in jurisdictions like the United States, where case law and precedent play a dominant role,” he added.

For years, the absence of a unified regulatory approach has frustrated crypto companies, investors, and legal professionals. Companies were frequently exposed to legal action and administrative misunderstandings due to fragmented interpretations and irregular enforcement. Mata said that the new structure will let courts use clear legal principles, which will cut down on legal disputes between agencies.

The timing of the revelation is interesting because it comes only weeks after the SEC won a long-running legal battle with Ripple Labs. The agency sued Ripple in 2020 for allegedly selling its XRP token without registering it, which brought in around $1.3 billion. In July 2023, Judge Analisa Torres made a big decision in the case: she said that XRP was not a security when sold to regular people, but it was when sold to businesses. A $125 million fine was imposed in August 2024, and in June 2025, Ripple and the SEC jointly filed to release the settlement funds from escrow.

The Ripple case became an example for how U.S. regulators classify cryptocurrencies and has heavily influenced the tone of this new policy framework.

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Industry analysts from the Bitfinex crypto exchange noted that the White House's recommendations could help remove a "key hurdle" to mainstream crypto adoption: legal ambiguity. They also praised the alignment with Trump’s broader push for "same risk, same rules" in financial oversight, including legislative tools like the CLARITY Act.

However, the analysts also voiced concerns about intensified SEC enforcement efforts against non-compliant firms and the lack of detail on the long-promised U.S. Bitcoin reserve. “Lingering issues may divide the crypto community, especially over the scope of regulatory stringency,” they noted.

While the report lays a strong foundation, additional reforms, especially around crypto banking custody rules, are expected in the near future. For now, the White House’s recommendations signal a major stride toward a more mature and legitimized U.S. crypto market.