The US Treasury Department is developing a Bitcoin custody system that may combine self-custody and third-party custody as part of a second review of government-held Bitcoin assets. This review aims to improve the accuracy of data on Bitcoin holdings across federal agencies. Options being considered for acquiring Bitcoin include revaluing gold reserves, using the Exchange Stabilization Fund, converting other assets, and accepting Bitcoin for taxes and fees, though each option requires further legal analysis. The decision on whether to publicly disclose specific Bitcoin holdings has not yet been made.
The US Treasury's development of a Bitcoin custody system comes as a backdrop to a mixed market for major cryptocurrencies on Pluang. For readers following cryptocurrency trends, here is Pluang's market snapshot as of Nov 12, 2026 08:41 WIB: out of 50 major cryptocurrencies, 15 rose and 34 fell today. Notable movers include SXP (Solar) down 46.27% at Rp37 with a typical hold time of 94 days, ONE (Harmony) down 23.49% at Rp27 with 41% sell and 59% buy order activity and a typical hold time of 153 days, and BAL (Balancer) up 11.14% at Rp16,297 with a typical hold time of 85 days.
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