The White House's crypto report does not mention a Bitcoin reserve

A senior official in President $TRUMP 's administration confirmed that the White House's report on cryptocurrency will not include any proposals related to the creation of a federal Bitcoin reserve. Although the report is over 160 pages long and includes dozens of policy proposals, it overlooks one of the administration's most prominent goals.

Conflict between the report and the decree

Previously, the first executive order on cryptocurrency from President Trump in January required that this report must "assess the ability to create and maintain a national digital asset reserve". However, this report only focused on creating a clear legal framework for the industry.

The official stated that the Department of the Treasury is "working diligently" to create infrastructure for a reserve #bitcoin and will have more information "in the short term". The second decree, signed in March, officially established a federal Bitcoin reserve and another digital asset reserve. However, the legal and investment assessment for these reserves has yet to be released.

In the initial weeks of the administration, officials emphasized the importance of viewing Bitcoin as a strategic asset similar to gold. However, so far, very few details have been disclosed about how to establish it, the funding to purchase more Bitcoin, or the amount of Bitcoin that the U.S. government currently holds. #anhbacong