Federal USA agencies required to report crypto to the Treasury

The government of the United States (USA) requires federal agencies to report their crypto holdings to the Department of the Treasury. A new strategic move, driven by Trump, pushes towards a centralized digital reserve.

By April 7, US government agencies must report their crypto to the Department of the Treasury

The U.S. financial landscape is shaken by a new government directive that requires federal agencies to report their holdings in cryptocurrencies.

By April 7, in fact, all federal public institutions will have to submit a detailed report to the Department of the Treasury, as required by an executive order signed by President Donald Trump last month.

According to the journalist Eleanor Terrett, citing an anonymous source from the White House, the deadline for transmitting information to the Secretary of the Treasury, Scott Bessent, represents a first step towards a broader program for managing digital assets held by the State.

At the moment, however, it is not expected that these data will be shared publicly. Confidentiality will remain the initial guideline, at least until new provisions.

This new measure follows the announcement, also by the Trump administration, of the creation of a Bitcoin Reserve, a sort of state digital vault intended to store strategic criptovalute for the government.

The project also includes the creation of a larger reserve of digital assets, composed of cryptocurrencies such as XRP, Solana, Cardano, Ethereum, and Bitcoin.

The Bitcoin Reserve will initially be funded with BTC seized in federal operations, both criminal and civil.

These are funds that until now were often subject to sales by the government, sparking various criticisms. The new plan, however, provides that such assets be preserved and enhanced over time as a store of value.

David Sacks, advisor for digital innovation at the White House and head of crypto policies, described the project as a “digital Fort Knox for cryptocurrencies.”

In particular, emphasizing that the United States does not intend to liquidate the BTC present in the reserve, but rather to conserve them in the long term.

A contrarian strategy？

Sacks has repeatedly criticized the previous sales of BTC by the American government. In particular, he highlighted how the disposal of over 195,000 Bitcoin for a value of about 366 million dollars resulted in a serious economic loss.

Specifically considering the current increase in their market value. With their retention, today those BTC would be worth billions.

In any case, the intention of the administration is to promote a “responsible management” of the digital assets in the possession of the government, entrusting this task to the Department of the Treasury.

This could include, in the future, even the selective sale of certain digital assets, based on the evolution of the markets.

In the meantime, the executive order that requires the communication of crypto reserves is just one of the many maneuvers put in place by Trump.

Some of which will have further details emerge about this initiative and whether the government will decide, in the future, to make the collected information public. In the meantime, federal agencies will have to make much more immediate and visible impacts.

On April 5th, for example, the administration introduced a new wave of trade tariffs of 10% on all imports, with higher percentages for some countries: 34% to China, 24% to Japan, and 20% to the European Union.

This measure has had ripple effects on digital markets as well. The global cryptocurrency market capitalization has experienced a sharp contraction, losing over 8% and dropping to about 2.5 trillion dollars.

A sharp decline, attributed by many analysts precisely to the instability generated by the new tariffs.

However, the strengthening of the state position in the crypto sector could, in the medium to long term, represent a signal of institutional maturity and strengthen investor confidence.

This is especially true in a context of growing attention towards digital assets at a global level.

Towards a new cryptocurrency policy

In any case, the process of institutionalization of cryptocurrencies by the United States seems to be underway.

The creation of a national reserve, the centralization of information through the Treasury, and the desire to avoid the dispersion of strategic assets are clear signals of a change in direction.

The public management of digital assets, if well conducted, could transform into a economic lever and first-rate political tool, capable of consolidating the role of the United States in the cryptocurrency landscape.