Trump's Strategic Bitcoin Reserve Faces Legal and Jurisdictional Hurdles, Bloomberg Reports

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According to Bloomberg, President Trump's strategic bitcoin reserve faced legal and jurisdictional challenges on Monday. Questions have been raised about whether the Treasury Department can legally manage the reserve, with conversations also pivoting to placing it under the Commerce Department instead. Concerns also center on whether bitcoin can be held indefinitely given its volatility. The White House said the administration is continuing to evaluate the best structure for the reserve.
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