White House Releases Virtual Asset Report…"Seized Bitcoin (BTC) to Be Held as a National Asset"

According to SolidIntel on the 30th (local time), the White House released an official report outlining the direction of virtual asset (cryptocurrency) policies. The report specifically includes the U.S. government’s digital asset holding policy, restrictions related to Central Bank Digital Currency (CBDC), and the approach banks should take toward the virtual asset industry.

According to the report, the Bitcoin (BTC) seized by the United States Department of the Treasury will not be sold, but instead will be held as a strategic asset to achieve government objectives. This signals a shift to managing seized digital assets not as simple disposal items but as long-term holdings.

In addition, the Fed is restricted from directly issuing a CBDC, and such authority is explicitly prohibited. This emphasizes that the central bank cannot operate digital currency alone; instead, legislation by Congress or a separate government decision is required.

Furthermore, banks must provide financial services to virtual asset businesses without regulatory discrimination, and it is clearly stated that denying services solely because an entity is a virtual asset operator is not permitted.