US federal agencies must report bitcoin holdings directly to the Treasury Department

Odaily News According to News.bitcoin, the White House explained Trump's executive order that in the future, Bitcoins confiscated by the US government will no longer be sold, but will be included in the new strategic Bitcoin reserve managed by the Treasury Department. At the same time, other digital assets will be included in the independent US digital asset reserve to strengthen supervision, optimize management, and promote the formulation of long-term cryptocurrency strategies. According to the order, US federal agencies must report their Bitcoin holdings directly to the Treasury Department to enhance supervision and management transparency.