US federal agencies reportedly set to disclose crypto holdings to Treasury
The American federal agencies are preparing to disclose their cryptographic assets to the Treasury in accordance with a presidential decree signed earlier this month.
Anonymous sources in the White House claim that reports are due on Monday, according to Fox Eleanor Terrett journalist.
She noted that even if the agencies should share their assets with the Treasury Secretary Scott Bessent, the decree does not require that the information is made public.
“Not clear for the moment if and when the conclusions could be made public”, Terrett wrote.
A number of members of the community have expressed their frustration in the face of the lack of transparency, wondering why the assets of public cryptography remain unhappy. Some say that the government should publish the data “because they work for the people”, while others have described the situation as “ladle”.
Trump AI and Tsar Crypto David Sacks, during a Podcast appearance Last month, noted that the United States once held around 400,000 BTCs but sold almost half for only $ 366 million. He stressed that if these parts had been held instead, they were worth more than $ 17 billion depending on the recent prices.
According to Arkham intelligence data on April 7, the US government hold About 198,000 BTC, worth around $ 15 billion. Other cryptocurrencies, such as ETH, WBTC and BNB, represent an additional $ 380 million.
The executive decree, sign On March 6 by President Donald Trump, called a complete audit of federal cryptography assets and the creation of two new structures, a strategic bitcoin reserve and a stock of the American digital asset.
Nicknamed a “Fort Knox Digital”, the Bitcoin reserve is designed to contain the BTC seized as a long -term strategic asset, moving away from the previous practice of the government of auctions of confiscated tokens.
On the other hand, the stock of digital assets offers flexibility to manage non -bitcoin assets such as ETH, BNB or TRX, allowing potential sales, Swaps or other operational uses depending on the objectives of the policy.
According to Sacks, the reserve would be filled with the help of Crypto that the government has already seized by civil and criminal confiscations. At the time, Sacks estimated that the United States had around 200,000 BTC, although no full audit was never done.
Meanwhile, federal agencies have continued to grasp the illegal crypto. Last month, the Ministry of Justice confiscated More than $ 200,000 in digital active ingredients linked to Hamas, part of a wider terrorist financing network which has moved more than $ 1.5 million thanks to scholarships and portfolios since October 2024.
However, assets sometimes seized directly linked to the loss of victims are eligible for the return. On March 3, the Ohio American lawyer’s office announced its intention to Lose about $ 8.2 million in USDT linked to a cryptographic investment scam and return the funds to the victims.
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