Is it possible to create Strategic Bitcoin Reserves (“SBR”), and what is needed for that?
It already exists, but with limitations.
My hypothesis about on-chain KYC in Bitcoin is based on this.
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Strategic Bitcoin Reserves refer to when a state, sovereign wealth fund, or other public institution decides to hold that asset as part of its investment strategy.
The U.S. established the Strategic Bitcoin Reserve via President Donald Trump’s executive order, centralizing all government-held bitcoin obtained through civil and criminal forfeiture. The Department of Treasury will consolidate all forfeited BTC from federal government agencies into the centralized SBR.
Following this directive, Senator Cynthia Lummis has introduced the Bitcoin Act 2025, which proposes that the U.S. Treasury acquire one million bitcoins over five years, holding them in cold storage for twenty years, like gold. It recognizes Bitcoin as an economic hedge and a symbol of official acceptance of digital assets.
For an asset to be included in the Treasury Reserve, it must meet certain transparency and regulatory requirements.
Do you understand the need I'm proposing?
Read it here 👇