U.S. Bitcoin Reserve Stalls as Treasury and Commerce Vie for Control: Report

The rollout of the proposed U.S. Strategic Bitcoin Reserve has been significantly delayed due to an ongoing jurisdictional dispute between the Treasury Department and the Commerce Department, according to a report from Bloomberg. More than a year after President Donald Trump ordered the creation of the reserve, the two agencies have yet to resolve disagreements over which should hold primary oversight authority, leaving the initiative in a prolonged administrative standoff.

President Trump's executive directive to establish a national Bitcoin reserve was widely regarded as a landmark moment for cryptocurrency policy in the United States. The proposal signaled a potential shift in how the federal government approaches digital asset management, with supporters arguing that a strategic reserve could strengthen the country's financial positioning in an increasingly crypto-integrated global economy. However, the practical implementation has proven more complex than anticipated, with interagency coordination emerging as a critical bottleneck.

The uncertainty surrounding the reserve's governance structure has drawn attention from market participants and industry observers who had anticipated clearer regulatory signals from Washington. A delayed or restructured reserve framework could temper near-term institutional confidence in U.S. crypto policy momentum, even as broader adoption trends continue globally.

Analysts and industry stakeholders will be watching for any formal announcements from either department clarifying jurisdictional responsibilities, as well as any updated executive guidance that could break the current impasse and move the initiative forward.

Source: Bitcoin Magazine

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