US Treasury plans Bitcoin custody framework as cold wallet security draws scrutiny

The U.S. Treasury is developing a Bitcoin custody framework that would formalize how federal agencies hold the asset, with cold wallet security practices under scrutiny as part of the effort. The plan could reshape federal asset management and affect market dynamics around Bitcoin, though the article specifies no token prices, TVL, volumes, market cap or funding figures. It also signals a push for greater regulatory transparency in how government-held crypto is safeguarded. The framework matters because it would set custody standards for federal Bitcoin holdings and could influence how institutions approach cold storage. What to watch next is the release of concrete custody requirements and how they address cold wallet security risks.