Key dealers
- The Trump administration is considering release a report from the Treasury Department on US government bits.
- Work is underway to develop a strategic American Bitcoin reserve by President Trump’s executive order.
The Trump administration can release a report from the Treasury Department describing the US government Bitcoin Holdings, says Bo Hines, senior adviser for President Trump about digital asset policy, on a Thursday statement First reported by journalist Eleanor Terrett.
As mandate- By President Trump’s March 6 Executive order to establish the strategic Bitcoin reserve and a digital asset storage must federal agencies Report their bitcoin and crypto possession to Treasury Secretary Scott Bessent by April 7.
However, the reports are not required to be released to the public under the directive.
Hines said Thursday that his team can choose to publish them voluntarily, although it remains unclear whether the administration will also consider revealing holdings that are tied to other crypto assets.
White House’s best crypto advisers also repeated that infrastructure development for a strategic American Bitcoin reserve is ongoing, claiming that the administration is anxious about the idea of gathering more bitcoin in budget-neutral ways.
In addition, the Trump administration aims to end the legislation on crypto market structure in September, according to Hines.
“We are committed to getting the market structure made at the end of September. Period,” Hines wrote on X on Thursday. He also noted the administration’s commitment during a discussion in the fire with the senators Cynthia Lummis and Tim Scott.
Senator Lummis suggested plans to release draft legislation before Congress breaks for the August.
“We will have a bill for the market structure that we can hopefully post before the August and then mark it in September,” she said.
The initiative comes when the industry’s stakeholders and legislators seek clear guidelines for digital asset markets, exchanges and Stablecoin issuers.