Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile
Headline: Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
What it does: Agencies must identify and report seized bitcoin and other digital assets and transfer them to Treasury-managed reserve accounts for centralized management.
- Moves seized bitcoin into a Treasury-managed reserve and restricts sales.
- Requires agencies to inventory and report all government digital assets within 30 days.
- Limits disposal of digital assets to victim returns, law enforcement, court orders, or statutory uses.
Summary
This order creates a Strategic Bitcoin Reserve and a United States Digital Asset Stockpile to hold digital assets the government acquired through criminal or civil forfeiture or civil penalties, and directs the Treasury to set up offices to manage them.
Agencies must report any government bitcoin or other digital assets within 30 days, and Treasury must evaluate legal and investment questions within 60 days.
Bitcoin placed into the reserve is to be held and not sold, and disposal of assets is limited to narrow exceptions such as victim returns, law enforcement use, sharing with state partners, or court orders.
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