Bitcoin Strategic Reserve Plan Delayed by Treasury-Commerce Dispute

The Trump administration’s plan to create a U.S. Strategic Bitcoin Reserve has been delayed by disagreements between the Treasury and Commerce departments over which agency should oversee it. The proposed reserve would hold 328,372 Bitcoin, valued at about $25 billion, that the U.S. government acquired through seizures. The delay matters because it postpones implementation of a key digital asset initiative. The Justice Department’s Office of Legal Counsel is working with both agencies as the White House evaluates the final structure for the reserve and a separate Digital Asset Stockpile.