Published Jul 6, 2026, 2:52 PM ET · Updated 4 months ago · 2 sources
THE BLOCK: President Trump's proposal for a strategic bitcoin reserve is encountering roadblocks over which government department will run it, as well as legal hurdles, Bloomberg reports. Trump issued an executive order at the start of his administration to create a reserve that would allow the Treasury Department to hold bitcoin.
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Original Report
THE BLOCK: President Trump's proposal for a strategic bitcoin reserve is encountering roadblocks over which government department will run it, as well as legal hurdles, Bloomberg reports. Trump issued an executive order at the start of his administration to create a reserve that would allow the Treasury Department to hold bitcoin.