Power Struggle in Washington: US Agencies Clash Over Bitcoin Reserve Control
The Trump administration's ambitious plan to launch a US Strategic Bitcoin Reserve (SBR) has hit a major bureaucratic roadblock. Internal friction has emerged between the Commerce and Treasury departments, as both agencies debate the legal framework and primary oversight responsibilities for the nation's potential Bitcoin holdings.
While President Trump's March 2025 executive order aimed to house the SBR within the Treasury Department, legal experts and officials are questioning the agency's authority to manage Bitcoin (BTC) assets. The inherent volatility of the cryptocurrency has become a central point of contention, complicating the roadmap for the United States to establish a formal crypto reserve.
US President Donald Trump’s March 2025 executive order called for the SBR to be housed inside the Treasury Department, with other agencies assisting in asset seizures to build the reserve. However, concerns have emerged regarding whether the Treasury has the legal authority to manage Bitcoin (BTC) holdings, largely due to the asset's extreme volatility, creating a significant hurdle for the administration's crypto strategy.
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