According to Bloomberg, the Trump administration's plan to establish a strategic Bitcoin reserve is facing adjustments due to issues regarding the competent authorities and legal authorization. Insiders say the original plan was for the U.S. Treasury Department to manage the reserve, but there are doubts within the government about whether the Treasury has the statutory authority to manage such Bitcoin assets. Therefore, options such as placing it under the U.S. Department of Commerce are being evaluated. The Office of Legal Counsel at the U.S. Department of Justice is working with the Treasury and Commerce departments to study legally feasible implementation paths. The White House stated that the government is still evaluating the best structure for a strategic Bitcoin reserve and a U.S. digital asset reserve. Trump previously asked the Treasury and Commerce departments to jointly develop a budget-neutral plan for increasing Bitcoin holdings, with reserve assets primarily coming from Bitcoin confiscated by the federal government, and additional purchases could be made through budget-neutral methods.

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