A bureaucratic standoff between two major federal agencies is preventing the launch of the Trump administration’s Strategic Bitcoin Reserve, despite the president signing the directive over a year ago. {tweet} In March 2025, President Trump issued an executive order designating the Treasury Department as the custodian for the planned reserve. Additional federal agencies were tasked with contributing to its growth through confiscated digital assets. However, progress has ground to a halt. According to a Bloomberg report, the Commerce Department has stepped forward as an alternative candidate to manage the government’s ... (full story)