The U.S. Treasury is the key institution driving the future of Bitcoin, not the Federal Reserve!

The U.S. Treasury plays an important role in financial policy-making and regulation. The U.S. Treasury will tighten regulations on the cryptocurrency market and trading, requiring that cryptocurrency transactions valued at over $10,000 must be reported to the IRS, which directly impacts Bitcoin trading activities. In contrast, the Federal Reserve's main responsibilities are to formulate monetary policy, maintain financial stability, etc., and it has a cautious attitude towards cryptocurrencies, clearly stating that it has no intention of participating in government stockpiling of Bitcoin plans, nor is it seeking to change existing laws to allow the holding of Bitcoin.

To establish a Bitcoin strategic reserve, whether through a presidential executive order directing the Treasury to use the foreign exchange stabilization fund to directly purchase Bitcoin, or through congressional legislation to include Bitcoin in the Strategic Reserve Act, it ultimately requires the Treasury to lead the implementation. The Federal Reserve's plan to purchase Bitcoin through open market operations to include it on its balance sheet has little short-term feasibility due to the Federal Reserve's own statements and lack of policy framework support.

However, the Federal Reserve's monetary policy will also impact Bitcoin, as changes in the Federal Reserve's interest rates and money supply will affect market liquidity and investor risk appetite, thereby indirectly influencing Bitcoin prices. #战略储备法案 $BTC