Is the US Bitcoin strategic reserve facing a cooling period? Legal authority disputes slow down progress

Question

[Bitcoin Magazine] Patrick Witt, head of the White House Cryptocurrency Committee, recently revealed that the U.S. government is actively advancing its Bitcoin strategic reserve plan, but the process has been hindered by some “unusual legal provisions.”

Currently, multiple government agencies, including the Department of Justice and the Office of Legal Counsel, are coordinating internally on the legal authority issues related to this reserve plan. Witt admitted that at first glance, the plan should be straightforward, but in practice, it has become complicated due to differences in statutory authority among agencies. These coordination efforts are still ongoing, but Bitcoin strategic reserves remain one of the current policy priorities.

Tracing back to March 2025, Trump signed an executive order officially launching the “Strategic Bitcoin Reserve” and “Digital Asset Reserve Pool” projects. However, this order only allows the Department of Justice to seize Bitcoin into the reserve and does not grant the government the authority to purchase Bitcoin from the open market. This restriction has raised numerous questions within the Bitcoin community.

Despite disagreements at the policy-making level, the U.S. government is actively seeking feasible solutions that comply with regulations without increasing fiscal burdens. Whether this inter-agency legal tug-of-war can ultimately reach an agreement remains to be closely watched.

HalfIsEmpty · Accepted Answer

Ha, it's that same excuse of "legal terms" again, feels like each department is just passing the buck.

Really, the only option is to confiscate Bitcoin? That's a pretty extreme move.

Trump's ideas sound great, but the reality is pretty harsh.

Wait, how much Bitcoin did the Department of Justice confiscate? This is too funny.

Where's the big reserve you promised? Turns out you're just arguing with your own people.

Bureaucratic agencies are like this—everything can get stuck.

BlindBoxVictim · Answer

It's that old, worn-out legal bickering again, the US government is just messing around with itself here.

If this could be smoothly pushed forward, I’d be doing handstands eating plates.

So, only seized Bitcoin can be stored? That Trump move is pretty clever too, huh?

With this progress, by the time they finish coordinating, the next bull market will probably have already arrived.

The US system of checks and balances is really incredible; everything has to be a game of Tai Chi.

A reserve plan turned out like this, it's really a bit... you know.

Feels like they're deliberately dragging it out. Don’t tell me there are more tricks up their sleeves.

I've seen government agencies bicker a lot, but this time it might take even longer.

GateUser-44a00d6c · Answer

Once again, legal restrictions are holding things back. The US's complicated system of checks and balances is really absurd.

Wait, so we can only use confiscated Bitcoin? Then how long will it take to accumulate enough reserves?

It seems like this will take a long time to sort out.

AlphaWhisperer · Answer

It's the same old legal authority issue; the US government's responsiveness is truly impressive.

Wait, how much BTC can be confiscated? Is this kind of play interesting?

If they really want to build reserves, they have to buy from the market. Isn't this just shooting themselves in the foot?

The orders signed by Trump are so ineffective; it seems like it will take a long time to get things moving again.

SmartContractRebel · Answer

Coming back to the legal authority thing? The US government always drags its feet on everything, their efficiency is unmatched.

Why does it feel like a reserve plan can be delayed like this… What are government agencies even fighting over?

All they can do is confiscate coins, what else is there to say? If they really wanted to stockpile in large quantities, they should have legislated in advance.

This move really gives the impression that the left hand doesn’t know what the right hand is doing.

It’s just that they want to buy but are too embarrassed to do so, so they have to come up with reasons.

HashRatePhilosopher · Answer

It's the same old story. The US government does things like this—say all the right things but actually? Stuck.

Legal provisions can't even block bullets, haha.

Wait, is the seized Bitcoin enough? Feels like it's not quite enough.

Really? Can Trump handle all the messes between departments this time?

Gotta wait again, always coordinating, always pushing forward 😅

At this rate, we'll be waiting until the end of the bull market.

Is the US Bitcoin strategic reserve facing a cooling period? Legal authority disputes slow down progress

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