It was in March 2025 that President Donald Trump signed an executive order to establish a strategic Bitcoin (BTC) reserve. As per the order, the reserve will consist of Bitcoin forfeited by the U.S. federal agencies as part of asset seizures. Months have passed since the order and the crypto community is still wondering when the U.S. will formally create its Bitcoin reserve. Recently, Trump's White House crypto advisor shed light on why it's taking so long for the administration to create the reserve. Patrick Witt, the Executive Director of the President's Council of Advisors for Digital Assets at the White House, ... (full story)