Finance minister confirms US plans to create a bitcoin reserve

• Scott Bessent confirmed the Trump administration’s plans to create a strategic bitcoin reserve.
• The U.S. Treasury secretary also spoke about preparations for a bill to regulate the cryptocurrency sector.

U.S. Treasury Secretary Scott Bessent reaffirmed President Donald Trump’s strategic push to establish favorable regulation for digital assets and create a government bitcoin reserve. He made the remarks during a press conference at the World Economic Forum in Davos, The Block reported.

Speaking about updates on the U.S. strategic bitcoin reserve, Bessent said government policy calls for halting the sale of confiscated bitcoins and adding them to the country’s digital asset reserve.

However, when asked about the fate of roughly 57.5 BTC confiscated from the founders of Samourai Wallet, Bessent declined to comment. Earlier, U.S. authorities suspected that confiscated Samourai Wallet bitcoins had been sold. The White House later denied the information.

The official also noted that work continues on a legislative initiative to regulate the crypto industry. The Trump administration wants to “bring digital assets and innovation back to U.S. soil,” he said. However, media reports recently said the White House may fully withdraw its support for a crypto market structure bill after Coinbase criticized it and exited the negotiation process.

As a reminder, back in March 2025, Donald Trump signed an executive order establishing a U.S. strategic bitcoin reserve. At the time, he emphasized that building the reserve would not require taxpayer funds, as it would be based on assets already owned by the federal government.