US to announce details on Strategic Bitcoin Reserve in coming weeks, aiming to secure federal crypto holdings.

The White House will reveal details soon about the Strategic Bitcoin Reserve (SBR), a federal initiative to centralize and safeguard U.S. government-held bitcoin and other digital assets. This move follows a recent hack involving assets held by the U.S. Marshals, highlighting the need for better custody and security. The reserve is still pending formal legislation, with bills like the BITCOIN Act and the American Reserves Modernization Act under consideration. The announcement will clarify the reserve's size and structure but will not include all newly seized assets immediately, as some remain tied to ongoing legal cases.