Crazy moves for US crypto
The White House just released its 2025 Digital Assets Report and it is action-packed!
Some of the key propositions:
• A structured classification approach: SEC for securities, CFTC for commodities, commercial law for the rest
• Safe harbours for DeFi + rules around airdrops (potentially de minimis)
Other key items:
• Strategic Bitcoin Reserve
• No Central Bank Digital Currency
• Pass the CLARITY Act
• IRS guidance, taxation for Americans has been incredibly difficult
The report also addresses topics such as detailed taxation recommendations, wash sale legislation, rul