US federal agencies to report cryptocurrency holdings to Treasury by April 7

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MarsBit
04-07
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According to Cointelegraph, on April 7, U.S. federal agencies are expected to disclose their cryptocurrency holdings to the Treasury Department before April 7, without the need for public disclosure. This reporting requirement stems from the executive order signed on March 7, which aims to create a strategic Bitcoin reserve and a broader digital asset reserve. The Bitcoin reserve will be established through Bitcoin seized by federal agencies through civil or criminal asset forfeiture.

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