U.S. Strategic Bitcoin Reserve Down Nearly $5B; SEC, Vietnam Signal Policy Shifts

On 7 February 2026, the U.S. government's Bitcoin reserve posted paper losses approaching $5 billion since its launch last year as Bitcoin fell roughly 45% from its peak, per Walter Bloomberg. The SEC chair said on CNBC that a market-structure bill is close to passage, while Vietnam's finance ministry proposed a 0.1% tax on crypto transfers.