The US Treasury Department holds talks with three cryptocurrency companies to discuss Bitcoin reserve custody solutions

On March 14th, according to Decrypt, insiders revealed that the US Treasury Department met with executives from three cryptocurrency custody companies this week to discuss how to safeguard the country's strategic Bitcoin reserves. Anchorage Digital is one of the institutions participating in the conference. Anchorage CEO Nathan McCauley stated that Treasury officials have conducted detailed inquiries on best practices for Bitcoin national reserves and digital asset custody, and explored how custody affects stablecoins and market structures. Congressional sources indicate that the Ministry of Finance is currently in the research stage and has not yet formed a clear position, but is actively seeking opinions from industry insiders. The current trend is towards third-party institutions hosting government Bitcoin reserves, with the long-term goal of the government ultimately achieving self custody. As for the various confiscated digital assets controlled by the government, they may still need to rely on third-party custody for a long time. The US Treasury Department did not comment on this.