Trump’s Crypto Task Force Report Lacks Official Confirmation

A report citing the “digital asset market policy working group” established by former President Trump lacks verification, with no official confirmation from U.S. government or White House sources.

The purported regulatory proposals have not impacted market activities or major digital asset prices, as no evidence supports significant U.S. policy changes influencing current trading dynamics.

Unverified Reports and Market Impact

Claims of U.S. government involvement remain unverified, and market reactions have not reflected any new federal directives.

ChainCatcher’s report claimed a policy working group urged lawmakers to fill regulatory gaps in the digital asset market. However, no official confirmation or statements have been found to support these claims. The report suggests passing the “Digital Asset Market Clarification Act,” yet the legislative progress of such a bill remains unclear. Without evidence from government portals or credible sources, the report’s claims should be treated with caution.

Industry figures and government officials have not publicly commented on the report. Crypto market participants are maintaining focus on existing regulatory debates, such as jurisdiction between the SEC and the CFTC. Until verifiable statements are released, no significant reactions to the report have materialized.

Crypto Market Dynamics Amid Uncertain Policies

Did you know? Regulatory debates around digital assets have historically shaped market dynamics significantly.

According to CoinMarketCap, Bitcoin trades at $118,436.89, with a market cap of $2.36 trillion and 60.67% market dominance. The 24-hour trading volume reached $70.25 billion, rising by 3.59%. The price grew by 22.07% over 90 days, with a circulating supply of 19,899,650. Data updated at 02:57 UTC, July 31, 2025.

Coincu researchers suggest potential outcomes include slow regulatory evolution within existing frameworks. They argue for cautious optimism, highlighting historical regulatory debates around non-security digital assets. Current market trends support BTC and ETH momentum derived largely from macroeconomic indicators rather than direct legislative shifts.