Historically, the government has sold its seized bitcoin in auctions, but Trump announced that under his administration, it would keep all bitcoin it holds or acquires.
Perianne Boring emphasizes the lack of a formal process to maintain a Bitcoin stockpile, highlighting the complexities of government agency coordination required to implement such a policy.
The potential establishment of a bitcoin reserve seems complicated, as it would require significant coordination among various agencies and potentially an act of Congress.
Experts suggest that Trump's pledge to stop selling seized bitcoin may rely on interpretation, whether it means halting sales or creating an active purchasing strategy.
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