PANews reported on January 18th, citing Cointelegraph, that Patrick Witt, director of the White House Crypto Council, acknowledged that the course of of establishing a strategic Bitcoin reserve in the United States is ongoing, however faces challenges in cross-agency coordination resulting from some “area of interest and complex legal provisions.” At present, the Division of Justice (DOJ) and the Workplace of the Legal Counsel (OLC), amongst different businesses, are discussing related legal and regulatory points, and the matter “stays on the precedence record.”
