FILE PHOTO: Representations of cryptocurrencies are seen in this illustration created on August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) -A cryptocurrency working group formed by President Donald Trump on Wednesday outlined the administration's stances on market-defining crypto legislation and called on the U.S. securities regulator to create new rules specific to digital assets.
In a factsheet ahead of a landmark report, the White House urged Congress to move forward with legislation that would create a formal crypto regulatory regime, but implored lawmakers to include additional provisions in the bill. Those include allowing trading platforms to also custody crypto and providing a tailored disclosure regime for issuers of crypto securities.
