Related News

The 40-Year Bitcoin Hold: Strategy Exec Reveals How Long The Company Will Hold Over 600,000 BTC

The 40-Year Bitcoin Hold: Strategy Exec Reveals How Long The Company Will Hold Over 600,000 BTC

December 10, 2025
Quebec riding of Terrebonne flips to Liberals after recount shows candidate won by single vote

Quebec riding of Terrebonne flips to Liberals after recount shows candidate won by single vote

May 10, 2025
Wintermute Denies Binance Lawsuit Rumors

Wintermute Denies Binance Lawsuit Rumors

November 4, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

Related News

The 40-Year Bitcoin Hold: Strategy Exec Reveals How Long The Company Will Hold Over 600,000 BTC

The 40-Year Bitcoin Hold: Strategy Exec Reveals How Long The Company Will Hold Over 600,000 BTC

December 10, 2025
Quebec riding of Terrebonne flips to Liberals after recount shows candidate won by single vote

Quebec riding of Terrebonne flips to Liberals after recount shows candidate won by single vote

May 10, 2025
Wintermute Denies Binance Lawsuit Rumors

Wintermute Denies Binance Lawsuit Rumors

November 4, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
CONTRIBUTE
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
WEMAPLE NEWS - Brand Partnerships
No Result
View All Result
Home Crypto

U.S. Treasury Confirms That All Seized Bitcoin Will Join the Strategic Bitcoin Reserve

WeMaple AI by WeMaple AI
January 20, 2026
in Crypto
0
U.S. Treasury Confirms That All Seized Bitcoin Will Join the Strategic Bitcoin Reserve
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Bitcoin Magazine

U.S. Treasury Confirms That All Seized Bitcoin Will Join the Strategic Bitcoin Reserve

When asked about the U.S. government’s approach to Bitcoin and recent BTC seizures, U.S. Treasury Secretary Scott Bessent re-affirmed that the administration will halt all sales of seized BTC and instead add it to the Strategic Bitcoin Reserve (SBR). 

At the World Economic Forum in Davos, Bessent told journalist Christine Lee that the initiative is part of a larger effort to bring digital-asset innovation onto U.S. soil while keeping federal oversight of seized cryptocurrency

This sentiment comes from questions about the government’s handling of BTC seized from developers linked to Tornado Cash in the Southern District of New York as well as the handling of bitcoin from Samourai Wallet developers.

While Bessent declined to comment on ongoing litigation, he emphasized that any seized BTC would be retained by the federal government after legal damages are resolved, rather than being sold at auction as in prior years.

“This administration’s policy is to add seized Bitcoin to our digital asset reserve,” Bessent said, highlighting the first step in implementing the SBR: stopping all sales.

JUST IN: 🇺🇸 Treasury Sec. Scott Bessent says, “The policy of this government is to add seized #Bitcoin to our digital asset reserve.”
pic.twitter.com/e6X2D4peSv

— Bitcoin Magazine (@BitcoinMagazine) January 20, 2026

The reserve, established under a March 2025 executive order, treats Bitcoin as a long-term strategic asset, akin to gold or petroleum stockpiles.

You might also like

The Bitcoin Bleed Is Almost Over, But Will Price Reach $40,000 Before Bouncing?

CoinShares’ US Trading Debut Marred By 25% Stock Crash: Key Takeaways

Crypto faces a new risk as Iran threatens major US companies in the Middle East

Bessent also seemed to frame the broader strategy of this current innovation as a pro-innovation, pro-onshore. 

The Treasury wants to make the U.S. the “best regulatory regime for digital assets,” citing bipartisan legislation such as the Genius Act, which codifies stablecoin rules at the federal level. 

The U.S. government says they didn’t sell any Samourai Wallet bitcoin

Last week, U.S. officials denied reports that BTC forfeited by Samourai Wallet developers had been sold, confirming the assets will remain part of the Strategic Bitcoin Reserve (SBR) under Executive Order 14233. 

Patrick Witt of the President’s Council of Advisors for Digital Assets stated that the Department of Justice confirmed the 57.55 BTC, worth roughly $6.3 million, has not and will not be liquidated. 

The clarification came after earlier reports suggested the U.S. Marshals Service may have transferred the BTC to Coinbase Prime, fueling speculation of a sale that would have violated the executive order. 

Journalist Frank Corva reported that the U.S. Marshals Service appears to have sent the 57.55 BTC forfeited by Samourai Wallet developers directly to a Coinbase Prime address, which showed a zero balance, suggesting the BTC may have already been sold.

If true, this selling would contradict Executive Order 14233, which requires forfeited bitcoin to be held in the U.S. Strategic Bitcoin Reserve rather than liquidated.

This post U.S. Treasury Confirms That All Seized Bitcoin Will Join the Strategic Bitcoin Reserve first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Read Entire Article
Tags: BitcoinistCrypto
Share30Tweet19
WeMaple AI

WeMaple AI

Recommended For You

The Bitcoin Bleed Is Almost Over, But Will Price Reach $40,000 Before Bouncing?

by WeMaple AI
April 1, 2026
0
The Bitcoin Bleed Is Almost Over, But Will Price Reach $40,000 Before Bouncing?

Crypto analyst Sykodelic has declared that the Bitcoin bleed is almost over and suggested that BTC is unlikely to drop to $40,000 as some experts predict He alluded...

Read more

CoinShares’ US Trading Debut Marred By 25% Stock Crash: Key Takeaways

by WeMaple AI
April 1, 2026
0
CoinShares’ US Trading Debut Marred By 25% Stock Crash: Key Takeaways

CoinShares (CSHR), one of Europe’s largest crypto asset managers, made its long‑anticipated US market debut on Wednesday after completing a merger with Vine Hill Capital that created the...

Read more

Crypto faces a new risk as Iran threatens major US companies in the Middle East

by WeMaple AI
April 1, 2026
0

What looks like a geopolitical threat aimed at US multinationals could quickly become a crypto story too That is because several of the companies threatened by Iran now...

Read more

Crypto Tightrope In Australia — Will A$24B Licensing Push Supercharge Adoption Or Kill Smaller Exchanges?

by WeMaple AI
April 1, 2026
0
Crypto Tightrope In Australia — Will A$24B Licensing Push Supercharge Adoption Or Kill Smaller Exchanges?

Australia has passed its first comprehensive digital-asset framework, locking in a licensing regime for crypto platforms and custodians under the existing financial‑services law A New Comprehensive

Read more

The Bitcoin Bottom: Pundit Reveals The 5 Phases To Know When The Bleed Has Ended

by WeMaple AI
April 1, 2026
0
The Bitcoin Bottom: Pundit Reveals The 5 Phases To Know When The Bleed Has Ended

A market expert has outlined five distinct phases in the Bitcoin (BTC) bear market that could indicate when the leading cryptocurrency has hit a bottom The analysis concludes...

Read more
Next Post
Former Ont. art teacher, 88, sentenced to over 5 years in prison for 1980s sexual assaults

Former Ont. art teacher, 88, sentenced to over 5 years in prison for 1980s sexual assaults

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

The 40-Year Bitcoin Hold: Strategy Exec Reveals How Long The Company Will Hold Over 600,000 BTC

The 40-Year Bitcoin Hold: Strategy Exec Reveals How Long The Company Will Hold Over 600,000 BTC

December 10, 2025
Quebec riding of Terrebonne flips to Liberals after recount shows candidate won by single vote

Quebec riding of Terrebonne flips to Liberals after recount shows candidate won by single vote

May 10, 2025
Wintermute Denies Binance Lawsuit Rumors

Wintermute Denies Binance Lawsuit Rumors

November 4, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS – Brand Partnerships

Wemaple will be firmly committed to the public interest and democratic values.

CATEGORIES

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

BROWSE BY TAG

AZO Clean Tech Bitcoinist Bitcoinmagazine Canada News CBC.ca Celebrity News Christian Post CoinPedia Corporate Knights Crypto Cryptoslate Faith Geothermal Golf Hockey Lifehacker Ludwig-van.com NcrOnline newsbtc Skateboarding tomsguide.com Utah news dispatch

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.

No Result
View All Result
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.