Federal authorities to hold crucial talks with the Federal Reserve
In a significant development, the White House and the Federal Reserve are actively engaging in regulatory discussions surrounding cryptocurrencies. These talks, which form part of broader fiscal and monetary policy discussions, took centre stage in a key meeting that took place on July 24, 2025, involving senior officials from both parties [2].
The discussions encompass financial market oversight, capital frameworks, and fiscal accountability, with cryptocurrency regulation as a significant topic under consideration. This follows President Trump's signing of the GENIUS Act, which establishes a clear regulatory framework for dollar-backed stablecoins and prevents the Federal Reserve from issuing retail central bank digital currency (CBDC) directly to Americans [1].
The GENIUS Act is part of a broader legislative effort, including the Clarity Act and the Anti-CBDC Surveillance State Act, to regulate various digital assets and restrict certain Fed actions related to digital currencies [1]. Furthermore, the White House has taken a strategic approach to cryptocurrency, establishing a national Bitcoin reserve and digital asset stockpile, further incorporating cryptocurrencies into the government's asset management strategies [3].
A comprehensive White House report on digital assets, scheduled for release on July 30, 2025, is expected to provide detailed proposals on Bitcoin reserves, national security concerns, regulatory reforms, banking access for crypto firms, and the overall crypto market structure. This forthcoming document may significantly shape future regulatory landscapes [4].
Meanwhile, the FTX creditors in China are facing distribution delays amid legal review. Elsewhere, Ethereum, the second-largest cryptocurrency by market cap, experienced a 107.03% increase over the last 90 days, despite a 1.25% decrease over the past 24 hours, with Ethereum currently trading at $3,712.55 and boasting a market cap of $448.15 billion [5].
The upcoming visit of White House officials to the Federal Reserve headquarters on Thursday is expected to further influence regulatory and market dynamics. Market participants anticipate that these discussions will address key issues affecting the crypto industry [6].
Historical and current data support cautious optimism among traders and economists, while Coinbase has partnered with Perplexity AI to deliver real-time crypto data to traders [7]. Meanwhile, Elon Musk is reportedly considering a political return amid SpaceX risks, and DeFi Development Corp has acquired 141,383 SOL in a strategic expansion [8].
In other news, Pomerantz LLP has filed a lawsuit against a strategy company over Bitcoin losses [9]. Mayowa Adebajo, a seasoned freelance writer specializing in creating compelling, high-converting content across diverse industries, has extensive experience working with major news outlets, personal blogs, and private clients. Mayowa's expertise includes SEO optimization, persuasive copywriting, and niche versatility [10].
- The White House and the Federal Reserve are having regulatory discussions that encompass cryptocurrency, with a focus on cryptocurrency regulation as part of broader fiscal and monetary policy discussions.
- The GENIUS Act, signed by President Trump, establishes a regulatory framework for dollar-backed stablecoins and prevents the Federal Reserve from issuing retail central bank digital currency (CBDC) directly to Americans, and is part of a broader legislative effort that includes the Clarity Act and the Anti-CBDC Surveillance State Act.
- The upcoming visit of White House officials to the Federal Reserve headquarters is expected to further influence regulatory and market dynamics, with market participants anticipating that these discussions will address key issues affecting the crypto industry.
