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The United States will promote a bitcoin reserve study, requiring the Treasury Department to submit a feasibility report within 90 days

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2025-09-09 07:02:56
According to the relevant documents, US Congressman David P. Joyce submitted an appropriations bill, requiring the Treasury Department to submit a report on the feasibility and technical considerations of the strategic bitcoin reserve and digital asset reserve within 90 days of the bill's entry into force, covering custody methods, legal authorizations, cyber security measures, interdepartmental transfers, the presentation of assets on the Treasury's balance sheet, and third-party custodians.
The report also needs to assess implementation obstacles and the impact on the Treasury Department's confiscation of funds. In March, President Trump signed an executive order establishing a strategic bitcoin reserve and digital asset reserve. Treasury Secretary Scott Bessent said he was exploring "budget-neutral" ways to expand bitcoin reserves. Currently, countries around the world hold more than 517,000 bitcoin reserves, accounting for 2.46% of the total supply.
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