The bill is still a "priority," White House Crypto Council Director Patrick Witt said, but interagency legalities remain a challenge.
Progress is being made toward establishing a Bitcoin (BTC) strategic reserve in the United States, but “obscure” legal provisions are holding up the process, according to Patrick Witt, the director of the White House Crypto Council.
Several government agencies are discussing the legalities and regulatory issues of establishing a Bitcoin strategic reserve, including the Department of Justice (DOJ) and the Office of Legal Counsel (OLC), Witt told the Crypto in America podcast. He said:
US President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve and a “Digital Asset Stockpile” that included altcoins and other types of cryptocurrencies in March 2025.
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