Catenaa, Friday, August 1, 2025- The White House released its 166-page crypto policy report confirming plans for a strategic Bitcoin reserve, but a single word in the document sparked alarm in the digital asset community.
The report assigns the Treasury Department to oversee the reserve and the federal digital asset stockpile, which consists primarily of forfeited crypto assets.
While the report states that Bitcoin in the reserve will “generally not be sold,” the use of “generally” left analysts uneasy, as it does not prohibit potential sales of government-held BTC.
The United States holds the largest known Bitcoin reserve globally, with 198,012 BTC valued at over $23 billion, according to industry trackers.
The report reiterates that seized assets may still be liquidated for victim compensation or to fund the Treasury, while forfeited assets form the official reserve.
The President’s Working Group on Digital Asset Markets, led by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and SEC Chair Paul Atkins, prepared the report after a 180-day review. Officials described it as a blueprint to fulfill President Donald Trump’s vision of making the US the global hub for crypto innovation.
The report also urges the SEC and CFTC to accelerate federal-level crypto trading access and revive agency initiatives on custody, stablecoins, and tokenization. Analysts said the language signals opportunity for market expansion, but the “generally” clause leaves lingering uncertainty for Bitcoin holders.
