{"id":625445,"date":"2026-07-07T02:52:52","date_gmt":"2026-07-07T02:52:52","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/07\/07\/us-bitcoin-reserve-hits-snag-as-federal-agencies-debate-for-control-bloomberg\/"},"modified":"2026-07-07T02:52:52","modified_gmt":"2026-07-07T02:52:52","slug":"us-bitcoin-reserve-hits-snag-as-federal-agencies-debate-for-control-bloomberg","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/07\/us-bitcoin-reserve-hits-snag-as-federal-agencies-debate-for-control-bloomberg\/","title":{"rendered":"US Bitcoin reserve hits snag as federal agencies debate for control: Bloomberg"},"content":{"rendered":"

\"US<\/p>\n

The report follows comments from White House crypto adviser Patrick Witt in May, who said the administration was examining the legal implications of creating a Bitcoin reserve.\n<\/p>\n

The Trump administration\u2019s push to establish a US Strategic Bitcoin Reserve has reportedly hit a roadblock, as the Commerce and Treasury departments are at odds over how the reserve should be structured and which agency should have primary oversight of the holdings.<\/p>\n

US President Donald Trump\u2019s March 2025 executive order called for the SBR to be housed inside the Treasury Department, while other agencies would assist with asset seizures to build the reserve.\u00a0<\/p>\n

However, concerns have emerged over whether the Treasury has the legal authority<\/a> to manage the Bitcoin (BTC) holdings, partly because of its volatility, Bloomberg reported<\/a> Monday, citing people familiar with the matter.\u00a0<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

The report follows comments from White House crypto adviser Patrick Witt in May, who said the administration was examining the legal implications of creating a Bitcoin reserve. The Trump administration\u2019s push to establish a US Strategic Bitcoin Reserve has reportedly hit a roadblock, as the Commerce and Treasury departments are at odds over how the […]<\/p>\n","protected":false},"author":1,"featured_media":625446,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-625445","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/625445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=625445"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/625445\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/625446"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=625445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=625445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=625445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}