#BitcoinReserveDeadline On May 5, 2025, the U.S. Treasury faced a pivotal deadline to submit its assessment on establishing a Strategic Bitcoin Reserve, as mandated by President Trump's March executive order. This reserve aims to hold Bitcoin assets seized through legal proceedings, maintaining them as national reserves without selling. While the federal initiative progresses, state-level efforts have encountered setbacks; notably, Florida has indefinitely withdrawn its crypto reserve bills, and Arizona's governor vetoed similar legislation. Despite these challenges, the federal reserve plan continues to advance, with further developments anticipated in the coming months.