A power struggle has emerged between the US Treasury Department and the Department of Commerce over which agency should oversee the United States' strategic Bitcoin reserve.
The dispute centers on the custody and management of the digital assets that the administration officially designated for national reserve status last year.
The internal disagreement highlights significant bureaucratic hurdles facing the implementation of the US government's crypto policy.
With both departments seeking jurisdiction, the lack of a clear custodian creates ambiguity regarding how the reserve will be managed, audited, and potentially utilized in future monetary or diplomatic strategies.
This friction comes as the broader cryptocurrency sector faces volatility.
The uncertainty surrounding the reserve's governance structure adds a layer of regulatory risk for market participants who had anticipated a streamlined federal approach to digital asset adoption.