U.S. Treasury Secretary Scott Bessent stated during a Senate Finance Committee hearing that the Treasury is moving forward at a 'prudent pace' to establish a strategic Bitcoin reserve and digital asset reserve as required by the Trump executive order. He noted that this work involves new technologies and fields, requiring the adoption of best practices that can be sustained long-term. Bessent also mentioned that the U.S. government is advancing legislation related to digital assets and encouraging support for the CLARITY Act to keep digital asset businesses and regulatory frameworks within the U.S. Currently, the U.S. holds approximately 328,400 BTC, valued at around $21.5 billion. (Cointelegraph) https://(wublock123.com)/news/us-treasury-cautiously-building-strategic-bitcoin-reserve-62187