The Federal Reserve (Fed) cannot directly own gold or Bitcoin due to restrictions under the Federal Reserve Act, which limits its operations to assets such as government securities. Gold, on the other hand, is owned by the Treasury Department, which is responsible for managing the US strategic reserves. The Fed merely stores some of this gold in its vaults, but does not own it.
If the US government were to decide to include Bitcoin as part of its strategic reserves, that responsibility would fall to the Treasury, not the Fed. Such a decision would require legislative changes and would represent a reassessment of the role of cryptocurrencies in the country’s economic and strategic context.
