White House Crypto Director Says U.S. Strategic Bitcoin Reserve Plan Remains Underway

White House crypto committee director Patrick Witt said on Jan. 18 the U.S. push to establish a strategic Bitcoin reserve is ongoing, though interagency coordination faces constraints from "lesser-known, complex legal clauses," BlockBeats reports. Multiple government bodies, including the Justice Department and the Office of Legal Counsel, are discussing legal and regulatory questions, and the effort remains on the priority list. The White House said the government has not sold Bitcoin seized from Samourai Wallet developers and will keep it on the government balance sheet as part of that reserve.