The U.S. Strategic Bitcoin Reserve is facing implementation delays as the Treasury and Commerce departments work to resolve which agency should oversee key parts of the program, creating a new obstacle for one of Washington’s most closely watched crypto policy initiatives. President Donald Trump signed an executive order in March 2025 establishing the Strategic Bitcoin Reserve and a separate U.S. Digital Asset Stockpile. The order directed that bitcoin already owned by the federal government through criminal or civil forfeiture be deposited into the reserve and maintained as a long-term store of value. The order also ... (full story)