US Treasury Secretary Scott Bessent stated that the Treasury Department is moving “with all deliberate speed” on former President Donald Trump’s 2025 executive order to establish a strategic Bitcoin reserve and a digital asset stockpile. The order, a landmark pivot in US fiscal policy, had directed the Treasury to explore and set up a sovereign crypto asset reserve.
Bessent’s remarks coincided with developments on the CLARITY Act (Clarity for Digital Tokens Act), a bipartisan legislative proposal designed to deliver clear regulatory definitions, tax guidelines, and trading rules for digital assets. The bill has been a priority for the crypto industry seeking legal certainty.
While the executive order had already signaled intent, the Treasury Secretary’s confirmation marks a step toward actual execution. Still, details on the reserve’s size, acquisition mechanisms, and timeline remain undisclosed. The combined policy signals—an executive-driven Bitcoin reserve and legislative clarity—position the US for a more defined digital asset framework.