White House crypto adviser Patrick Witt said Trump administration will announce new policies on the US Strategic Bitcoin Reserve within the “next few weeks,” framing where as all the policies and response in hand after the brutal allegations about the digital economy carried out by the US Marshals Service.
Speaking at Consensus 2026 in Miami on Wednesday, Witt he said The management’s work on the Strategic Bitcoin Reserve, or SBR, and various digital reserves have been progressing largely out of public view. The next announcement, he indicated, will focus more on “exactly how far we’ve gone and where we’re going from here.”
Trump’s Bitcoin Reserve Heads Toward New Update
President Donald Trump signed an executive order in March 2025 to establish the Strategic Bitcoin Reserve and the US Digital Asset Stockpile, where the bitcoin stockpile made up of BTC was eventually confiscated from the Treasury through expropriation or theft of private assets. Non-bitcoin storage covers other digital assets that have been disposed of under a different framework.
Collaborative Reading
Witt linked the upcoming developments to recent security developments. “So, as most people in this room can see, there was some use of some of the material that was seized by the US Marshals a month or two ago.” Obviously, we started work on SBR, the digital asset, not thinking about it, but obviously thinking that we need to protect the asset properly. more and protect them properly. “
He added that maintaining digital assets poses challenges that do not fit well with the government’s financial management systems. “Storage is unique to the digital economy. So we’ve made a lot of progress on what happened back then and we’ll be announcing over the next few weeks, you know, exactly how it’s progressed and where we’re going from here.”
The work Witt is referring to appears to be A case of theft was arrested against John Daghitaalso known as “John” or “Lick.” The case came to light after blockchain researcher ZachXBT linked the “John/Lick” persona to moving wallets linked to crypto addresses controlled by the US government. TRM Labs later said Daghita was arrested in Saint Martin in an operation involving the French Gendarmerie and the FBI, and the authorities allegedly stole cryptocurrency from wallets linked to the US Marshals Service.
Collaborative Reading
According to TRM’s summary, the investigation traced part of the activity to the cryptocurrency seized in connection with the Bitfinex hack in 2016. TRM said that approximately $24.9 million of the proceeds came from a wallet controlled by the US government, while ZachXBT claimed that Daghita stole more than $46 million in crypto by abusing access to CMDSS, his father’s company, which had a contract with the US Marshals Service.
In particular, Witt had predicted changes a few days ago at Bitcoin 2026 in Las Vegas. In a public address at The Venetian Resort, he said regulators have spent months working on interpreting the rules needed to secure bitcoin on government websites later. Trump’s executive order. “Over the next few weeks, we’re going to be making a lot of announcements,” Witt said then, adding that the administration believes it “can take swift action from the executive branch” even before Congress acts.
He also made it clear at Bitcoin 2026 that regulations will still be needed to block the process forever. That distinction is important: a branch management system can shape leadership and management now, but a formal system can be difficult for future leadership to change.
At press time, BTC traded at $81,530.
Graphic design by DALL.E, chart from TradingView.com
