The White House on Wednesday laid out its policy priorities for regulating digital assets, offering detailed guidance to Congress and federal regulators on how it hopes to fulfill President Trump’s campaign promise to make the U.S. the “crypto capital of the planet.”

The 166-page report from Trump’s digital assets working group provides recommendations for lawmakers and regulators on everything from crypto oversight to taxation to banking rules.

“We think this is probably the most comprehensive product that's ever been produced in regards to digital assets,” a White House official said on a call with reporters Wednesday morning. “I think the industry will be extremely pleased with us.”

The report, produced in response to a January executive order from the president, comes after months of efforts in Congress to pass digital asset legislation.

Earlier this month, Trump signed the first major crypto bill, the GENIUS Act, into law. The legislation laid out a regulatory framework for dollar-backed digital tokens known as stablecoins.

Meanwhile, lawmakers have continued to advance legislation seeking to clarify rules for the rest of the crypto market, most critically by splitting up oversight between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

The House passed its version,........

© The Hill