{"id":75078,"date":"2026-07-07T15:47:36","date_gmt":"2026-07-07T15:47:36","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/us-strategic-bitcoin-reserve-stalls-as-treasury-and-commerce-battle-for-control\/"},"modified":"2026-07-07T15:47:36","modified_gmt":"2026-07-07T15:47:36","slug":"us-strategic-bitcoin-reserve-stalls-as-treasury-and-commerce-battle-for-control","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/us-strategic-bitcoin-reserve-stalls-as-treasury-and-commerce-battle-for-control\/","title":{"rendered":"US Strategic Bitcoin Reserve Stalls as Treasury and Commerce Battle for Control"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Treasury and Commerce are competing to house Trump\u2019s bitcoin reserve of over 300,000 BTC, worth about $21 billion.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The DOJ\u2019s Office of Legal Counsel is reviewing which department can legally manage the crypto trove.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Officials are also examining whether the government can hold bitcoin indefinitely given its volatility.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>A Turf War Inside the Administration<\/h2>\n<p>More than a year after President Donald Trump signed a March 2025 executive order creating a Strategic <span>Bitcoin<\/span> Reserve, the project remains unbuilt and two cabinet departments are now fighting over it. The plan originally intended to house the reserve inside the U.S. Treasury Department, but conversations have pivoted to putting it inside the Commerce Department, Bloomberg <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-07-06\/trump-bitcoin-reserve-faces-hurdles-as-departments-seek-control\" target=\"_blank\" rel=\"noopener noreferrer\">reported Monday<\/a>, citing people familiar with the discussions.<\/p>\n<p>The dispute is not just bureaucratic pride, given that a central concern is whether the Treasury Department is legally able to manage the <span>crypto<\/span> trove at all, a question that has landed with government lawyers. The Justice Department, on the other hand, has said:<\/p>\n<blockquote>\n<p>\u201cThe Office of Legal Counsel is working closely with both the Treasury and Commerce departments to determine legally available options to accomplish the president\u2019s policy of establishing a strategic <span>Bitcoin<\/span> reserve.\u201d<\/p>\n<\/blockquote>\n<p>White House spokeswoman Liz Huston also highlighted that the administration is still committed to the project, adding:<\/p>\n<blockquote>\n<p>\u201cPresident Trump campaigned on a vision of cementing America as the global capital of <span>cryptocurrency<\/span> and other cutting-edge technologies. To deliver on the president\u2019s vision, the Trump administration continues to evaluate the best structure for a Strategic <span>Bitcoin<\/span> Reserve and U.S. Digital Asset Stockpile.\u201d<\/p>\n<\/blockquote>\n<h2>What the Lawyers Are Untangling<\/h2>\n<p>Beyond the question of which department holds the keys, officials are reviewing whether the federal government can legally hold <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> for an extended period. Trump\u2019s executive order directs the reserve to retain its <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> rather than sell it, but because the asset\u2019s price can rise and fall sharply, officials are examining whether keeping it indefinitely could create legal or operational problems.<\/p>\n<p>The stakes are considerable given the U.S. government holds more than 300,000 <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a>, worth roughly $21 billion at current prices, accumulated primarily through criminal and civil asset seizures. The executive order capitalized the reserve with those forfeited coins, deliberately avoiding any taxpayer cost (but it left the operational details, from custody to accounting, for the agencies to work out).<\/p>\n<p>That work is happening under the eye of White House chief <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> adviser Patrick Witt, who has signaled that the reserve\u2019s structure remains under active review. Meanwhile, lawmakers including Sen. Cynthia Lummis (R-WY) and Rep. Nick Begich (R-AK) have sponsored legislation to codify the reserve, arguing that an executive order alone can be undone by a future president and that a durable reserve needs an act of Congress.<\/p>\n<p>In any case, the delay is an awkward look for an administration that has made digital assets a signature issue. Trump has repeatedly promised to make America the <a href=\"https:\/\/news.bitcoin.com\/bitcoins-very-powerful-trump-pushes-us-toward-undisputed-crypto-capital-and-bitcoin-superpower\/\">crypto capital<\/a> of the world, and said just Monday that China would seize the <a href=\"https:\/\/news.bitcoin.com\/trump-warns-china-would-seize-crypto-lead-if-us-steps-back-from-industry\/\">crypto lead<\/a> if the U.S. stepped back from the industry.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/strategic-bitcoin-reserve-treasury-commerce-turf-war\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Treasury and Commerce are competing to house Trump\u2019s bitcoin reserve of over 300,000 BTC, worth about $21 billion. The DOJ\u2019s Office of Legal Counsel is reviewing which department can legally manage the crypto trove. Officials are also examining whether the government can hold bitcoin indefinitely given [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":75079,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75078"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=75078"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75078\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/75079"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=75078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=75078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=75078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}