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The White House released a long-anticipated digital assets report that establishes a national strategy aimed at positioning the United States as a global leader in blockchain, cryptocurrency markets, and tokenized finance. While the report covers a broad range of digital asset policy areas, it did not provide substantive updates on the government's planned Bitcoin reserves, merely reiterating language from President Trump's January executive order without outlining follow-up steps or implementation timelines. The report emerged from an executive order signed by President Trump in January that established an interagency task force on digital assets and emerging technologies such as artificial intelligence. This 166-page document was led by David Sacks, White House Cryptocurrency and AI Affairs Lead, and Executive Director Bo Hines, and integrated input from the Treasury Department, Commerce Department, Securities and Exchange Commission (SEC), and Commodity Futures Trading Commission (CFTC). It outlined multiple proposals regarding streamlining regulation, supporting innovation, and modernizing oversight. The report recommends that Congress improve legislation to grant the Commodity Futures Trading Commission (CFTC) authority to regulate non-security digital asset spot markets and support the development of decentralized finance (DeFi) technology. The report also calls on the Securities and Exchange Commission (SEC) and CFTC to leverage existing authority to clarify regulatory rules for digital asset trading and promote the implementation of innovative financial products. Additionally, the task force recommends that regulators advance digital asset-related innovation in banking, implement a federal regulatory framework for stablecoins, and strengthen anti-money laundering protocols.