AlphaPepe Breaks Ground as US Bitcoin Reserve Stalls

The U.S. Strategic Bitcoin Reserve remains stalled due to a disagreement between Treasury and Commerce over custody and legal authority.

The reserve currently consists of seized coins, with no plans to expand beyond this point due to the ongoing debate.

Bloomberg reporting has shown that Treasury officials are questioning their legal authority to hold and administer the reserve, while the Justice Department's Office of Legal Counsel reviews the framework.

AlphaPepe, on the other hand, is advancing a different kind of market access with its exchange rollout. The company has confirmed three exchange partners: Azbit, BiFinance, and Biconomy, and has more than 10,000 holders participating in the presale.