ExchangeDEX+

Buy Crypto Markets Spot FuturesBTC Earn Event Center

The bill is still a "priority," White House Crypto Council Director Patrick Witt said, but interagency legalities remain a challenge.Progress is being made towardThe bill is still a "priority," White House Crypto Council Director Patrick Witt said, but interagency legalities remain a challenge.Progress is being made toward

'Obscure' laws stall Bitcoin reserve: White House Crypto Council director

2026/01/18 02:36

The bill is still a "priority," White House Crypto Council Director Patrick Witt said, but interagency legalities remain a challenge.

Progress is being made toward establishing a Bitcoin (BTC) strategic reserve in the United States, but “obscure” legal provisions are holding up the process, according to Patrick Witt, the director of the White House Crypto Council.

Several government agencies are discussing the legalities and regulatory issues of establishing a Bitcoin strategic reserve, including the Department of Justice (DOJ) and the Office of Legal Counsel (OLC), Witt told the Crypto in America podcast. He said:

US President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve and a “Digital Asset Stockpile” that included altcoins and other types of cryptocurrencies in March 2025.

Market Opportunity

Whiterock Price(WHITE)

$0.000142

$0.000142$0.000142

-0.42%

USD

Whiterock (WHITE) Live Price Chart

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.