Federal agencies must report their Bitcoin and other cryptocurrency holdings to the Treasury Secretary, a move that could significantly influence future U.S. crypto strategies.
A White House official confirmed that all federal agencies are required to submit their cryptocurrency holdings to Treasury Secretary Scott Bessent by Monday.
The aim of these new initiatives is to better manage the government’s growing crypto assets—particularly those obtained through criminal or civil forfeiture.
While all federal agencies must report their holdings to the Treasury, there is no guarantee that this information will be made public.