White House Crypto Czar: Efforts to Establish a Bitcoin Strategic Reserve Are Still Underway

BlockBeats News, January 18th, White House Cryptocurrency Chief Patrick Witt stated that the U.S. is still progressing towards establishing a Bitcoin strategic reserve, but inter-agency coordination faces challenges, with some “more obscure, complex legal terms” posing restrictions. Currently, several government agencies, including the U.S. Department of Justice and the Office of Legal Counsel, are discussing the legal and regulatory issues surrounding the establishment of a Bitcoin strategic reserve, with the matter remaining “on the priority list.”