The Trump administration's digital asset task force is set to release its first major report on cryptocurrency policy by July 22. This report, a collaborative effort led by David Sacks and Bo Hines, involves senior officials from the Treasury, Commerce, SEC, and CFTC. It aims to implement President Trump's executive order from January to bolster U.S. leadership in the cryptocurrency sector. The report is expected to offer regulatory and legislative recommendations, although specific details remain undisclosed. Task force member Caroline Pham, acting chair of the CFTC, described the report as the government's cryptocurrency roadmap. Industry insiders speculate it may propose a strategic Bitcoin reserve funding plan and recommend fair access to institutional banking services for crypto companies.