US Strategic Bitcoin Reserve Announcement Coming Within Weeks: White House
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White House: US Strategic Bitcoin Reserve announcement coming within weeks (Patrick Witt at Consensus Miami), following the executive order to establish the reserve — a government-level Bitcoin adoption and potential funding/allocation milestone. Federal agencies discovered unsecured crypto stored in desk drawers; a full audit and centralization of custody is now underway to address internal security and accounting gaps. $46 million US Marshals hack underscores urgent custody and security risks for government Bitcoin holdings and broader crypto infrastructure (implications for custody providers, DeFi/CEX risk management).
Predictions Markets
See what traders are focused on
- White House confirms the Strategic Bitcoin Reserve announcement is coming within weeks.
- Federal agencies had crypto stored in desk drawers. A full audit is now underway.
- A $46 million US Marshals hack proved why proper Bitcoin custody is urgently needed.
The Trump administration is preparing to go public with new details on the US Strategic Bitcoin Reserve within the coming weeks. Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, made the announcement at the Consensus Miami conference on Wednesday.
“We’ve made a lot of progress in the background. We will make an announcement in the coming weeks laying out where we are going,” Witt said.
What Has Been Happening Behind the Scenes
Since President Trump signed the executive order establishing the reserve, federal agencies have been auditing, centralizing, and securing …
Read The Full Article US Strategic Bitcoin Reserve Announcement Coming Within Weeks: White House On Coin Edition.
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