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White House Adviser Teases Strategic Bitcoin Reserve Update in Coming Weeks
White House crypto adviser Patrick Witt said a major update on President Donald Trump’s strategic bitcoin reserve could come in the next few weeks. Witt said the administration has been working through the legal and operational steps needed to solidify the reserve. Lawmakers are also working to codify the reserve in law, and Rep. Nick Begich said the BITCOIN Act is being renamed the American Reserves Modernization Act.