#seized-bitcoin

[rwatimes]

The US Strategic Bitcoin Reserve is moving from executive order to operational reality within weeks

White House crypto adviser Patrick Witt said a major update on the US Strategic Bitcoin Reserve is coming within weeks, moving Trump's March 2025

➤ The US is moving towards operationalizing a Strategic Bitcoin Reserve, holding approximately 200,000 BTC seized from criminal forfeitures. ➤ This initiative, stemming from a March 2025 executive order, aims to treat Bitcoin as a strategic sovereign asset, influencing institutional infrastructure and geopolitical discussions. ➤ While the current reserve is built on seized assets, proposed legislation could authorize future purchases, setting de facto standards for custody, compliance, and reporting in the crypto space.

[rwatimes]

Trump’s Bitcoin Reserve Initiative Nears Implementation Stage

Trump administration advances Bitcoin Reserve strategy using 200K seized BTC. Major policy updates expected within weeks as lawmakers draft supporting legislation.

➤ The Trump administration is nearing the implementation of a national Bitcoin Reserve, utilizing approximately 200,000 seized Bitcoins. ➤ Congress is actively drafting legislation, including the 'American Reserves Modernization Act,' to provide a permanent legal framework for the reserve. ➤ This initiative represents a significant policy shift, moving from liquidating seized crypto to retaining it as a strategic national asset.