Patrick Witt: The U.S. Government Once Kept Cold Wallets in Drawers, and Its Security Practices Were Unbelievable On November 10, 2026, Patrick Witt @patrickjwitt, former…
Original source excerpt
Patrick Witt: The U.S. Government Once Kept Cold Wallets in Drawers, and Its Security Practices Were Unbelievable On November 10, 2026, Patrick Witt @patrickjwitt, former executive director of the …
Patrick Witt: The U.S. Government Once Kept Cold Wallets in Drawers, and Its Security Practices Were Unbelievable On November 10, 2026, Patrick Witt @patrickjwitt, former executive director of the White House Crypto Council, said in an interview with What Bitcoin Did @_DannyKnowles that some U.S. government agencies had previously kept cold wallets in drawers. He said the U.S. Treasury was working to establish a custody framework, a prerequisite for considering whether to buy more bitcoin or convert other assets into bitcoin. The U.S. government is conducting a second inventory to verify its holdings and track them over time. It has yet to decide whether to disclose how much bitcoin it holds.
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