Federal agencies in the United States will report cryptocurrency holdings to the Treasury Department by April 7th

BlockBeats news, on April 7th, according to Cointelegraph, US federal agencies are expected to disclose their cryptocurrency holdings to the Treasury Department before April 7th, but do not need to disclose them to the public. This report requires the creation of strategic Bitcoin reserves and broader digital asset reserves, based on the executive order signed on March 7th. Bitcoin reserves will be established through the confiscation of Bitcoin by federal agencies through civil or criminal asset confiscation.