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- The Trump administration plans to publish a report by the Treasury Department on the US government Bitcoin Holdings.
- Work is underway to develop an American Bitcoin Strategic Reserve following the decree of President Trump.
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The Trump administration could publish a report by the Treasury Department detailing the US government Bitcoin Holdings, said Bo Hines, President Trump’s principal advisor to digital asset policy, in a statement on Thursday reported by journalist Eleanor Terrett.
As mandated by the executive decree of the president of the president Trump establishing the Bitcoin strategic reserve and a stock of digital assets, federal agencies must report their bitcoin and their assets in cryptography to the Treasury Secretary Scott Bessent before April 7.
However, reports are not required to be submitted to the public as part of the directive.
Hines said Thursday that his team could choose to publish them voluntarily, although it is not clear if the administration will also plan to disclose assets linked to other cryptographic assets.
The best crypto advisor in the White House has also reiterated that the development of infrastructure for an American Bitcoin Strategic Reserve is underway, saying that the administration wishes the idea of accumulating more Bitcoin in a neutral budget.
In addition, the Trump administration aims to conclude legislation on the structure of the cryptographic market by September, according to Hines.
“We are committed to doing the market structure at the end of September. Period,” Hines wrote on X Thursday. He also noted the commitment of the administration during a discussion by the fireside with the Senators Cynthia Lummis and Tim Scott.
Senator Lummis indicated his intention to publish a bill before the congress breach for the August recreation.
“We will have a project of invoice for the structure of the market that we can, hope, extinguish before the recess of August, then mark it in September,” she said.
The initiative comes while industry stakeholders and legislators are looking for clear directives for digital asset markets, trade and stablecoin issuers.
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