Trump still wants bitcoin for the US reserve, but legal hurdles block purchases, Witt says

Former White House crypto adviser Patrick Witt says President Donald Trump remains interested in buying bitcoin for the U.S. Strategic Bitcoin Reserve, but open-market purchases face a serious legal obstacle. Witt, who left his role as executive director of the White House crypto council in October for the private sector, did not specify the nature of the legal barrier. Traders watching the reserve's funding path get a signal that government bitcoin buying is stalled by legal questions rather than lack of intent.