#SpotVSFuturesStrategy This IRS debacle also undermines the credibility of the executive order President Donald Trump issued in March. That directive required Treasury Secretary Scott Bessent to evaluate the creation of a strategic reserve and a Digital Asset Depository for the nation within just 60 days.

However, the auditor's report shatters that ambition, demonstrating that the government is failing in the very basic tasks of custody and tracking that Bessent was supposed to analyze. The questions that remain in the air now are: What happened to that assessment? And how can the Treasury plan a national vault if it can't even find the keys to the one it already has?