A disagreement between the U.S. Treasury and Commerce departments over which agency should oversee the proposed Strategic Bitcoin Reserve has stalled its implementation, according to a Bloomberg report cited by Bitcoin Magazine. The reserve was ordered by President Trump more than a year ago, but the interagency dispute over control has prevented its rollout. The delay highlights the administrative and jurisdictional hurdles facing the initiative, which was intended to establish a government-held bitcoin stockpile. Neither department has been formally designated as the reserve's custodian, leaving the project without clear leadership. The reported friction underscores broader uncertainty about how the United States would manage, secure, and account for such holdings. As of the report, no timeline has been provided for resolving the dispute or launching the reserve, leaving its future direction and structure unresolved.
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