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Bloomberg

Trump Bitcoin Reserve Faces Hurdles as Departments Seek Control

Monday, July 6, 2026


The Trump administration announced plans to create a Strategic Bitcoin Reserve. The Treasury Department and the Defense Department have both expressed interest in managing the reserve, according to reporting on internal discussions. Legal questions remain unresolved about which department has statutory authority to oversee such a reserve.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-06/trump-bitcoin-reserve-faces-hurdles-as-departments-seek-control

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