TechFlow News, May 7: According to a CoinDesk report, Patrick Witt, Executive Director of the White House Digital Assets Advisory Committee, revealed at Consensus Miami 2026 that an update on the U.S. Strategic Bitcoin Reserve (SBR) will be released “in the coming weeks.” Witt stated that since President Trump signed the executive order, the federal government has halted the prior administration’s “fire sale” of crypto assets and has begun conducting a comprehensive audit of crypto assets held across federal agencies. However, it is currently declining to disclose specific holdings, citing its top priority as “getting its own house in order.”
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