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The U.S. Treasury Department met with three crypto companies to discuss Bitcoin reserve custody solutions
2025-03-13 22:11:57

Odaily News According to Decrypt, people familiar with the matter revealed that the U.S. Treasury Department met with executives of three crypto custody companies this week to discuss how to keep the country's strategic Bitcoin reserves. Anchorage Digital is one of the institutions participating in the meeting. Anchorage CEO Nathan McCauley said that Treasury officials made detailed inquiries about the best practices of national Bitcoin reserves and digital asset custody, and explored how custody affects stablecoins and market structure. Congressional sources said that the Treasury Department is currently in the research stage and has not yet formed a clear position, but is actively seeking opinions from industry insiders. The current preference is for third-party institutions to custody the government's Bitcoin reserves, and the long-term goal is for the government to eventually achieve self-custody. As for the various types of seized digital assets controlled by the government, they may still need to rely on third-party custody for a long time. The U.S. Treasury Department declined to comment.