U.S. Treasury Secretary: Seized Bitcoin (BTC) to be included in digital-asset reserves
JH Kim
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Summary
- U.S. Treasury Secretary Scott Bessent said the U.S. government plans to incorporate seized Bitcoin (BTC) into its digital-asset reserves.
- He noted that the U.S. government will not dispose of Bitcoin seized during criminal investigations and enforcement, but will hold it as a national-level digital-asset reserve.
- This was described as a shift in policy toward managing Bitcoin as a strategic asset, unlike the practice of monetizing seized virtual assets through auctions or sales.
U.S. Treasury Secretary Scott Bessent said the U.S. government plans to incorporate Bitcoin (BTC) seized by the government into its digital-asset reserves.
According to Watcher.Guru, a media outlet specializing in virtual assets (cryptocurrencies), on the 20th (local time) Bessent noted that the U.S. government will not dispose of Bitcoin seized in the course of criminal investigations and enforcement, but will hold it as a national-level digital-asset reserve.
This marks a departure from the long-standing practice of cashing out seized virtual assets through auctions or sales, and is interpreted as a shift in policy toward managing Bitcoin as a strategic asset.
