US Lawmakers Demand Treasury Report on Government-Held Bitcoin Security & Feasibility
Lawmakers push Treasury for hard answers on state-owned Bitcoin reserves.
The Security Question
How exactly does the US government plan to safeguard billions in volatile digital assets? Legislators want concrete answers on cold storage protocols, private key management, and breach response plans—because apparently storing nation-state assets in something that could be lost to a misplaced USB drive worries them.
The Feasibility Factor
Beyond security, they're questioning whether the government should even hold such assets long-term. Price swings make traditional reserves look stable—and we all know how much Washington loves volatility in its balance sheets.
Another classic case of regulators playing catch-up while the market moves at light speed. Because nothing says 'financial innovation' like a government report written by people who still think 'blockchain' is a type of bicycle lock.
