By Jason Meyers

The White House released the highly anticipated “Strengthening American Leadership in Digital Financial Technology report. Born from Executive Order 14178. Penned under the guidance of Special Advisor for AI and Crypto David Sacks, this 180-day mandate delivers a pro-innovation blueprint to catapult the U.S. into the role of “crypto capital of the world.” 

President Trump’s vision slams the door on regulatory overreach, bans Central Bank Digital Currencies (CBDCs), and crowns Bitcoin with a national strategic reserve. This isn’t just policy; it’s a declaration of war on outdated systems, promising to unleash trillions in economic firepower.

Blockchain’s Grassroots Origins and Surging Popularity

The report kicks off with a thunderous endorsement of blockchain’s grassroots origins, crediting Bitcoin as the spark that solved the double-spending riddle without trusted middlemen. It paints a vivid picture of crypto’s meteoric rise. Over 68 million Americans now own digital assets, with Trump’s approval rating among crypto investors soaring to 72% in June 2025. Institutional optimism is off the charts—83% plan to ramp up allocations—fueled by forecasts of a $16 trillion market by 2030. But the real dynamite lies in the Working Group’s scathing critique of past policies: The Biden Administration’s “Operation Choke Point 2.0” is lambasted as a witch hunt that drove innovation offshore, stifling America’s edge in this revolutionary tech.

Core Recommendations: Affirming Rights and Fostering Innovation

The report demands that Congress affirm self-custody rights, allowing Americans to hold digital assets without intermediaries and conduct peer-to-peer transactions freely. This was a critical issue discussed by SEC Chair Paul Atkins in his June 9th speech declaring self custody a foundational American value. No more fear of prosecution. Developers get a green light to innovate across sectors. 

Revamping Digital Asset Market Structure

On market structure, it’s a call to arms: The SEC and CFTC must fast-track federal trading of digital assets, while new laws grant the CFTC spot market oversight for non-securities like Bitcoin. Decentralized Finance (DeFi) gets a massive boost, with regulators urged to assess “control” over assets rather than blanket bans, embracing smart contracts, oracles, and cross-chain bridges as tools for a more open economy.

Overhauling Banking Regulations for Crypto Integration

Banking gets a total overhaul. The report exposes how prior regimes weaponized regulations to deny crypto firms access, echoing illicit “debunking” tactics. Federal regulators are ordered to adopt tech-neutral risk management, relaunch innovation hubs, and clarify chartering processes. Capital requirements must reflect true risks, not prejudice. 

Championing Stablecoins and Banning CBDCs

Stablecoins are hailed as the U.S. dollar’s digital savior. The Working Group pushes for their global adoption to cement dollar dominance, while slamming CBDCs as threats to privacy, stability, and sovereignty. Congress should outright prohibit them domestically and lobby allies to follow suit, prioritizing private-sector upgrades to payments like cross-border tech.

Targeting Illicit Finance While Protecting Lawful Users

Illicit finance isn’t ignored—this report arms law enforcement without trampling rights. It proposes clarifying the Bank Secrecy Act for foreign actors, boosting info-sharing via FinCEN’s programs, and creating a “hold law” safe harbor for freezing suspect assets. Treasury gets marching orders to sanction bad actors, from ransomware gangs to state-sponsored hacks, while ensuring tools target criminals, not everyday users. Taxation rounds out the reforms: The IRS must issue guidance on staking, mining, and “wrapping” transactions, with Congress adding digital assets to wash sale rules and easing reporting burdens.

Bitcoin Strategic Reserve

But the crown jewel? The Bitcoin Strategic Reserve and U.S. Digital Asset Stockpile. Capitalized by forfeited crypto from seizures—without costing taxpayers a dime—this hoard will be managed by Treasury, with strategies to “stack sats” budget-neutrally. Bitcoin stays unsold as a reserve asset, signaling U.S. commitment to crypto’s scarcity and value. It’s a geopolitical masterstroke, positioning America as the guardian of digital gold.

Predictions for U.S. and Global Dominance

If implemented correctly, the U.S. surges as the undisputed crypto superpower, attracting billions in investment and talent back home. By 2030, expect a $5 trillion domestic market boom, with DeFi protocols handling 20% of global lending and USD stablecoins powering 50% of international payments, eroding rivals like China’s digital yuan. Globally, this sparks a “Trump Effect”: Allies adopt similar pro-innovation stances, while adversaries scramble amid U.S.-led sanctions on illicit chains. 

CBDCs wither as private stablecoins dominate, fostering a freer, dollar-centric world economy. But risks loom—if Congress drags its feet, emerging hubs like Singapore or Dubai could steal the thunder, fragmenting finance and weakening U.S. hegemony.

This report isn’t incremental; it’s explosive—a hard fork from stagnation to golden age. Trump promised to make America crypto’s epicenter. With this roadmap, he’s delivering, igniting innovation that could rival the internet’s impact. 

Click here to access the full report.

About the Author

Jason Meyers is the lead architect of Pacioli.ai, the world’s first web3 regulatory disclosure automation infrastructure. Jason is a former investment banker and took many companies public including Alexion Pharmaceuticals ($40 billion exit to AstraZeneca), VCA,($9 billion exit to Mars Inc) and Medarex, Inc ($2.5 billion exit to Bristol Myers). Follow @JasonMeyersNYC on X.