According to TechFlame, according to Crypto In America, the Trump administration's Digital Asset Task Force is preparing to submit the first major cryptocurrency policy report by July 22. The report is the result of months of collaboration between task force leaders David Sacks and Bo Hines and senior officials from departments such as the Ministry of Finance, the Department of Commerce, the Securities and Futures Trading Commission, to implement the executive order signed by President Trump in January to strengthen America's leadership in the cryptocurrency sector. The report is expected to include regulatory and legislative recommendations, but the details are unclear. The original tasks of the working group included developing a federal digital asset framework covering stablecoins (Congress has initiated relevant procedures) and exploring whether to establish a national digital asset reserve (established by Trump in March). Working Group member and CFTC Acting Chairman Caroline Pham said in a recent speech that the report would serve as the government's “cryptocurrency roadmap” and described the current work as “productive.” White House officials said the report will be released before the July 22 deadline as planned. Although details of the report have not been disclosed, industry insiders speculate that they may include a strategic Bitcoin reserve funding plan that does not increase the burden on taxpayers, and suggestions to ensure that crypto companies have fair access to banking services from institutions such as the Federal Reserve — the Federal Reserve has historically refused to allow crypto companies to directly connect to its payment system.