Bitcoin News Today: Shocking Omission of Bitcoin Reserve in White House Crypto Report
In a surprising twist for Bitcoin news today, the White House’s highly anticipated crypto policy report has omitted any mention of a federal Bitcoin reserve, despite earlier executive orders emphasizing its importance. What does this mean for the future of digital assets in the U.S.? Let’s dive in.
White House Crypto Report: What’s Missing?
The 160-page report, released on July 30, 2025, focused primarily on establishing a regulatory framework for the cryptocurrency industry. Notably absent was any discussion of creating a strategic Bitcoin reserve, a key component of President Trump’s January executive order. This omission raises questions about the administration’s commitment to its earlier promises regarding digital asset stockpiles.
Bitcoin Reserve: Promised but Not Delivered
The January executive order explicitly tasked the Working Group on Digital Asset Markets with evaluating the feasibility of a national Bitcoin reserve within 180 days. While a March follow-up order did establish the Strategic Bitcoin Reserve, the recent report provides no updates on:
- Progress in building reserve infrastructure
- Funding mechanisms for Bitcoin acquisitions
- Management plans for existing holdings
Digital Asset Stockpile: Still in the Works?
A senior White House official confirmed that the Treasury Department continues to work on the necessary infrastructure for a Bitcoin reserve. However, the lack of concrete details in the official report suggests potential challenges in implementing this ambitious plan. Key unanswered questions include:
Question | Current Status |
---|---|
How will the government acquire Bitcoin? | Unclear |
What quantity is targeted? | Not specified |
How will holdings be secured? | No public information |
Executive Orders vs. Reality: The Growing Gap
The disconnect between the administration’s bold executive orders and the cautious approach in the crypto policy report highlights the complexities of government involvement in cryptocurrency. While earlier statements emphasized Bitcoin as a strategic asset, the report’s regulatory focus suggests a more measured approach may be emerging.
What’s Next for Bitcoin and Government Policy?
While the report may have sidestepped the Bitcoin reserve issue, officials hint that updates may come through other channels. For now, cryptocurrency enthusiasts and investors are left wondering: Is the U.S. government backing away from its Bitcoin ambitions, or is this simply a strategic pause?
Frequently Asked Questions
Q: Why was the Bitcoin reserve omitted from the White House crypto report?
A: Officials haven’t provided a clear explanation, but it may reflect shifting priorities or implementation challenges.
Q: Does this mean the U.S. won’t create a Bitcoin reserve?
A: Not necessarily. The Treasury Department continues working on infrastructure, suggesting the plan hasn’t been abandoned.
Q: How might this affect Bitcoin’s price?
A: The omission could be seen as reduced government interest, potentially impacting market sentiment in the short term.
Q: Who led the working group that created the report?
A: David Sacks, the administration’s AI and crypto czar, chaired the Working Group on Digital Assets.