White House Cryptocurrency Committee Director: Bitcoin Strategic Reserves Progress Limited by "Technical Legal Provisions"

Foresight News reports that Patrick Witt, Director of the White House Cryptocurrency Committee, stated that the United States’ efforts to establish a Bitcoin strategic reserve are still ongoing but are constrained by some “less common, complex legal provisions,” and inter-agency coordination faces challenges. Currently, the Department of Justice (DOJ) and the Office of Legal Counsel (OLC) are discussing related legal and regulatory issues, and the matter “remains on the priority list.”