U.S. President Donald Trump’s plan to build a strategic bitcoin reserve is facing legal and jurisdictional problems, The Block reported on Sunday, citing Bloomberg News.

Trump announced the strategic bitcoin reserve early in his term. The plan would be funded with bitcoin already held by the government from criminal and civil seizures, along with a separate digital-asset reserve.

Trump directed the Treasury Department and the Commerce Department by executive order to develop a budget-neutral strategy to acquire additional bitcoin without burdening taxpayers.

Bloomberg, citing sources familiar with the matter, reported that questions were raised over whether the Treasury can legally manage the reserve. The discussions shifted to moving the reserve under the Commerce Department, and whether it could be held "indefinitely" was also cited as an issue given bitcoin’s volatility, Bloomberg said.

Liz Huston (리즈 휴스턴), a White House spokesperson, told The Block that the administration continues to refine the plan. "President Trump was elected on a pledge to make the United States the world center for cryptocurrency and advanced technology," she said. "To make this vision a reality, we are continuing to review the optimal structure for a strategic bitcoin reserve and a U.S. digital-asset reserve," she said.

The Commerce Department and the Treasury Department did not immediately respond to The Block’s request for comment.