根据众议院2026财政拨款法案，财政部需在90天内提交有关"战略比特币储备"托管、安全及会计制度的 研究报告，并与国家安全局协同进行机密简报。法案还计划提高反恐与金融情报办公室的预算，以测试 基于AI的制裁监控系统，同时禁止财政部使用拨款资金设计央行数字货币。 该法案未授权额外购买比特币，但首次将比特币纳入美国财政政策核心议题。 根据法律咨询机构Vitallaw的分析，特朗普行政令实际上将财政部打造为"数字版诺克斯堡"，集中管理 联邦所有被没收的比特币资产，要求实施多重签名、跨机构监管及严格密钥管理机制，以确保制度在历 届政府间平稳延续。 资产管理公司VanEck建模预测，若美国到2029年累计持有100万枚比特币，到2049年其价值或可抵消约 18%的国债负担，相当于约21万亿美元储备对116万亿美元债务的支撑，假设比特币年均涨幅为25%。 Lummis认为，这样的储备体系将强化美国作为"金融与科技超级大国"的地位。 加密分析机构BeInCrypto预计，若国会通过但不强制采购，比特币价格可能维持在11.5万至12.5万美元 区间；若规定财政部每年购入20万枚比特币，价格或被推升至13万至16万美元区间，主 ...

美国财政部长贝森特在比特币战略储备问题上的表态出现戏剧性转折。 当地时间8月14日，这位财政部长稍早明确表示美国政府不会购买新比特币，但几小时后就在社交媒体 上改口，称将探索"预算中性"的路径来扩大储备，以实现特朗普将美国打造成"世界比特币超级大国"的 承诺。 "我们不会购买这些资产。" 贝森特周四接受《福克斯商业》采访时表示，美国政府不会进行新的比特 币购买，而是将利用价值150亿至200亿美元的已没收比特币来填充该储备，这些比特币来自刑事或民事 资产没收程序或作为罚款的抵偿。这意味着其比特币储备的建立将不会动用新的财政预算。 然而，仅仅几小时后，贝森特在X平台发文软化了上述立场。他表示，被美国政府没收的比特币将成为 战略储备的基础，同时财政部承诺探索"预算中性"的路径来获取更多比特币。 最终被没收给联邦政府的比特币将成为储备的基础，特朗普总统在3月份签署了行政命令以建立战略比 特币储备。此外，财政部致力于探索预算中性的途径来获取更多比特币以扩大储备，并履行总统的承 诺，让美国成为"世界比特币超级大国"。 态度摇摆背后：一个"潜在卖家"的消失 特朗普今年3月宣布创建战略比特币储备后，加密货币行业一直期待美国 ...

Core Viewpoint - The U.S. Treasury Secretary's statements regarding Bitcoin strategic reserves have undergone a dramatic shift, indicating a potential exploration of expanding reserves without new budget allocations [1][3]. Group 1: U.S. Government's Bitcoin Strategy - On August 14, the Treasury Secretary initially stated that the U.S. government would not purchase new Bitcoin but would utilize seized Bitcoin valued between $15 billion to $20 billion for reserves [1]. - Shortly after, the Secretary softened the stance, indicating that seized Bitcoin would form the basis of strategic reserves, and the Treasury would explore "budget-neutral" paths to acquire more Bitcoin [1][4]. - The establishment of a strategic Bitcoin reserve aligns with a directive from President Trump, who signed an executive order in March to create such reserves [1]. Group 2: Market Implications - The uncertainty surrounding U.S. government purchases has left the market in a state of confusion, but some analysts view the situation positively, suggesting that seized Bitcoin will be treated as non-saleable reserve assets [3]. - The disappearance of the U.S. government as a potential seller from the market could alleviate long-standing supply surplus concerns, as evidenced by past sales from other governments impacting market prices [3]. - The prospect of the U.S. government entering the Bitcoin market is seen as a significant milestone, potentially setting a psychological price floor and boosting institutional confidence [4]. Group 3: Future Outlook - The U.S. government's commitment to becoming a "world Bitcoin superpower" remains intact, despite the lack of clarity on specific plans [4]. - Analysts believe that the current administration may be the most supportive of Bitcoin in U.S. history, fostering optimism among cryptocurrency advocates regarding future policy directions [4].

Core Insights - The rapid development of the digital economy has positioned cryptocurrencies as new vehicles for value transfer and investment, while also providing new avenues for criminal activities [1] - The U.S. government has established a Strategic Bitcoin Reserve (SBR) and adjusted its digital asset seizure policy to hold confiscated cryptocurrencies as long-term national assets rather than selling them immediately [1][3] - This policy shift not only alters asset management practices but also drives the evolution of legal frameworks, blockchain intelligence technologies, and victim compensation mechanisms [1][3] Summary by Sections U.S. Digital Asset Seizure Dynamics - On March 6, 2025, President Trump signed an executive order establishing the SBR and U.S. digital asset reserves, marking a significant shift in U.S. cryptocurrency policy [3] - The White House stated that confiscated bitcoins will be managed by the Treasury Department as a strategic reserve to strengthen the global position of the dollar and hedge against inflation risks [3] - It is estimated that the U.S. government currently holds approximately 200,000 to 400,000 bitcoins, valued at several billion dollars, through criminal and civil seizures [3] Legal Framework for Asset Seizure - The legal basis for U.S. digital asset seizures relies on several key statutes, including: - 18 U.S.C. § 981(a)(1)(A) & (C): Allows civil forfeiture of assets linked to crimes like money laundering without requiring a criminal conviction [3] - 18 U.S.C. § 982(a): Mandates criminal forfeiture following a conviction for money laundering-related crimes [4] - 21 U.S.C. § 853(p): Permits the seizure of substitute assets when direct proceeds of crime cannot be recovered [5] - 31 U.S.C. § 9705: Supports the management of seized assets through the Treasury Department [6] - 28 U.S.C. § 524(c): Allows the inclusion of digital assets in the Justice Department's asset forfeiture fund [7] Enforcement Tools and Practices - U.S. law enforcement agencies have demonstrated advanced technical capabilities in tracing and seizing digital assets, utilizing tools such as Chainalysis Reactor and TRM Labs to track cross-chain transactions [9] - Collaboration with cryptocurrency exchanges and stablecoin issuers has enabled the freezing or destruction of implicated assets, as seen in a recent case where €27 million in crypto assets were frozen in Spain [9] - Judicial procedures require law enforcement to obtain court authorization to prove the connection between assets and criminal activities, with potential claimants being notified through blockchain messages and official announcements [9] Recent Case Studies and Victim Compensation - In 2025, the Justice Department seized $225.3 million in cryptocurrency related to a "cryptocurrency trust scam," showcasing the effectiveness of real-time blockchain analysis [10] - The executive order prioritizes using seized assets to compensate victims, with remaining assets allocated to the SBR or law enforcement funding [10] - The government has implemented structured liquidation policies to maximize asset value while minimizing market impact, alongside safety custody plans to protect against price volatility and hacking risks [10] Policy Considerations and Future Directions - The rapid evolution of digital asset seizures raises multiple policy considerations, including: - Balancing enforcement with due process to ensure the rights of innocent owners are protected [16] - Managing risks associated with holding large amounts of cryptocurrencies, including price fluctuations and cybersecurity threats [17] - Enhancing international coordination to standardize legal frameworks and optimize asset-sharing agreements [18] - Legislative reforms may enhance protections for claimants, improve asset management transparency, and develop new investigative tools [19]

Core Insights - The actual number of Bitcoin held by the U.S. government is significantly lower than previously believed, with only approximately 28,988 Bitcoins valued at around $3.4 billion, contradicting the widely held belief of nearly 200,000 Bitcoins [2][4] - This revelation raises concerns about the effectiveness of the "strategic Bitcoin reserve" plan initiated by former President Trump, as it suggests that a large portion of the supposed reserves may have already been liquidated [3][4] - The lack of transparency in the management of cryptocurrency assets by the U.S. government has been highlighted, indicating a need for improved tracking and auditing mechanisms across federal agencies [3][4] Group 1 - The U.S. Marshals Service (USMS) is responsible for auctioning seized cryptocurrencies, and the recent FOIA request revealed that their holdings are much lower than expected [2][3] - Senator Cynthia Lummis expressed shock at the reports indicating that over 80% of the Bitcoin reserves may have been sold, which she views as a strategic error for the U.S. in the Bitcoin competition [3][4] - The White House's proposal for a "budget-neutral" approach to gradually repurchase Bitcoin using existing revenues has been mentioned, but the specifics of this plan remain uncertain [3][4] Group 2 - The discrepancy between the government's stated long-term holding strategy and the actual low inventory raises doubts among investors regarding the government's commitment to its Bitcoin strategy [3][4] - The event underscores the importance of government consistency in actions and transparency in asset management, especially in the context of digital assets [4][5] - The future of the U.S. Bitcoin strategy will depend on how effectively the government can address these transparency issues and potentially replenish its Bitcoin reserves [5]

Core Viewpoint - Senator Cynthia Lummis from Wyoming announced that former President Trump supports her proposed Bitcoin legislation, which aims to establish a strategic Bitcoin reserve by purchasing 1 million Bitcoins [1] Group 1 - Lummis stated that Trump has a team in the White House focused on digital asset issues, including stablecoins, market structure, and Bitcoin strategic reserves [1] - The proposed legislation suggests a structured approach to digital assets, indicating a potential shift in regulatory focus towards cryptocurrencies [1]