The U.S. initiative to establish a Bitcoin strategic reserve is progressing but faces hurdles due to complex legal provisions, according to Patrick Witt, head of the White House Crypto Committee. The Department of Justice and the Office of Legal Counsel are currently discussing related legal and regulatory issues, with the matter remaining a priority. This follows an executive order signed by Trump in March 2025, which established the Bitcoin strategic reserve and a "Digital Asset Repository," allowing BTC accumulation only through asset forfeiture, not direct market purchases.
U.S. Bitcoin Strategic Reserve Faces Legal and Coordination Challenges
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