US Treasury Faces 90-Day Deadline to Plan Strategic Bitcoin Reserve

The U.S. Treasury Department must outline a strategy for a Bitcoin reserve within the next three months, according to recent developments.

BTC

Summary

The U.S. Treasury has been given a 90-day deadline to develop a plan for a strategic Bitcoin reserve. This directive sets a timeline for the department to map out its approach to managing Bitcoin reserves.

Terms & Concepts
  • Bitcoin Reserve: A reserve of Bitcoin held by an institution, government, or organization to support its financial strategy or provide a store of value.