In accordance with a President Trump executive order, the administration’s task force on digital asset policy released its report detailing legislative proposals for Congress and guidance projects that should be prioritized by the IRS.
Working Group Report
Trump’s executive order, issued January 23, established the Working Group for Digital Asset Markets in the National Economic Council. One of many executive actions taken by Trump in his first week in office this year, the order directed the Working Group to deliver a report exploring ways the federal government can promote the “responsible growth and use of digital assets, blockchain technology, and related technologies across all sectors of the economy.”
To dig deeper, visit the original article on the Thomson Reuters blog.