Federal Agencies of the United States prepare to make their crypto interests known to the treasury in accordance with a presidential implementation order signed earlier this month.
Putal sources in the White House say that the reports must appear on Monday, according to Fox journalist Eleanor Terrett.
She noted that although agencies must share their participations with Minister of Finance Scott Bessent, the executive order does not require that the information is made public.
“From now on, unclear whether and when the findings can be made public,” Terrett written.
A number of members of the community have expressed frustration about the lack of transparency, and wonders why public crypto companies are unknown. Some say that the government must release the data “because they work for the people”, while others describe the situation as “shady”.
Trump’s AI and Crypto Tsar David Sacks, during a podcast performance last month, noted that the US once had around 400,000 BTC, but sold almost half for just $ 366 million. He pointed out that if those coins were held instead, they would be worth more than $ 17 billion based on recent prices.
According to Arkham Intelligence data on April 7, the US government currently in possession About 198,000 BTC, worth around $ 15 billion. Other cryptocurrencies, such as ETH, WBTC and BNB, are good for an extra $ 380 million.
The executive order, signed by President Donald Trump on March 6, calls for a complete audit of federal crypto assets and the creation of two new structures, a strategic Bitcoin reserve and an American digital assets stock.
Dublynchronized a ‘digital fort KNOX’, the Bitcoin reserve is designed to seize BTC as a long-term strategic active, which leaves the earlier practice of the government to auction confiscated tokens.
The Digital Asset Stockpile, on the other hand, offers flexibility for the management of non-bitcoin assets such as ETH, BNB or TRX, which makes potential sales, swaps or other operational use possible, depending on the policy objectives.
According to Sacks, the reserve would be filled with the help of crypto that the government has already used by civil and criminal forfeiture. At the time, Sacks estimated that the US has around 200,000 BTC, although a complete audit has never been done.
In the meantime, federal agencies have continued to grab illegal crypto. Last month, the Ministry of Justice seized more than $ 200,000 on digital assets in connection with Hamas, part of a broader terror finance network that has moved more than $ 1.5 million since October 2024 through fairs and portfolios.
Sometimes seized assets that directly linked to victim losses are eligible for return. On March 3, the office of the American lawyers in Ohio announced its intention to forfece around $ 8.2 million in USDT to a crypto investment scam and to return the money to victims.