White House Crypto Committee Head: Bitcoin Strategic Reserve Advancement Hindered by "Technical Legal Provisions"

According to Odaily, Patrick Witt, head of the White House Crypto Committee, stated that the United States is still advancing the establishment of a Bitcoin strategic reserve, but some "relatively obscure legal provisions" are slowing down the process. Currently, multiple government agencies, including the Department of Justice (DOJ) and the Office of Legal Counsel (OLC), are discussing legal and regulatory authority issues related to the Bitcoin strategic reserve.

Witt pointed out that while the arrangements may appear straightforward on the surface, differences in statutory authority among various agencies make the implementation process complex. These issues are still being coordinated, and the Bitcoin strategic reserve remains a current policy priority.

Previously, Trump signed an executive order in March 2025 to establish a "Strategic Bitcoin Reserve" and a "Digital Asset Reserve Pool." However, the order only allows BTC obtained through judicial forfeiture to be included in the reserve and does not authorize the government to purchase Bitcoin on the open market, which has caused dissatisfaction among some members of the Bitcoin community. Cointelegraph noted that despite policy controversies, the U.S. government is still exploring potential implementation paths that are compliant and do not increase the fiscal deficit. (Cointelegraph)