Home > Quick > Body

The US Treasury Department held talks with three crypto companies to discuss a custody plan for bitcoin reserves

clock
2025-03-13 18:02:09
According to people familiar with the matter, the US Treasury met with executives from three crypto custodians this week to discuss how to safeguard the national strategic bitcoin reserve. Anchorage Digital was one of the institutions participating in the meeting. Anchorage CEO Nathan McCauley said that Treasury officials conducted detailed inquiries about best practices for bitcoin national reserves and digital asset custodians, and discussed how custody affects stablecoins and market structures.
Congressional sources said the Treasury is currently in the research stage and has not yet formed a clear position, but is actively consulting with industry insiders. The current preference is for third-party institutions to hold government bitcoin reserves, and the long-term goal is for the government to eventually achieve self-custody. As for various types of seized digital assets controlled by the government, it may still need to rely on third-party custody for a long time. The US Treasury has no comment.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.