US Rep. Byron Donalds to introduce bill codifying Trump’s Bitcoin reserve
14 Março 2025 - 9:42AM
Cointelegraph


A new bill set to be introduced in Congress aims to formalize
President Donald Trump’s executive order establishing a US
Strategic Bitcoin Reserve, a move that could further integrate
Bitcoin into the nation’s financial strategy.
Trump signed an executive order on March 7 to use Bitcoin
(BTC) seized in government criminal
cases to establish a
national reserve.
The legislation, introduced by US Representative Byron Donalds,
seeks to ensure the Bitcoin reserve becomes a permanent fixture,
preventing future administrations from dismantling it through
executive action.
Source: Margo
Martin
“For years, the Democrats waged war on crypto,” Donalds, a
Florida Republican, said in a statement to
Bloomberg.
“Now is the time for Congressional Republicans to decisively end
this war.”
If the bill is passed, it would ensure that the Strategic
Bitcoin Reserve and the US Digital Asset Stockpile could not be
eliminated via executive actions by a future administration.
The bill will require at least 60 votes in the Senate and a
House majority to pass. With
Republicans holding a Senate majority — and a generally more
crypto-friendly stance —the bill has a chance of passing.
US states with Bitcoin reserve bill propositions.
Source: Bitcoinlaws
According to Bitcoinlaws data, at least 23 US states have
introduced legislation supporting a Bitcoin reserve, reflecting
growing state-level interest in integrating crypto into fiscal
policy.
Related: Trump
turned crypto from ‘oppressed industry’ to ‘centerpiece’ of US
strategy
A “pivotal moment” for US crypto regulations
The introduction of the Bitcoin reserve-related bill marks a
pivotal moment for the wider crypto industry, not just BTC.
The legislation “aims to cement the reserve as a permanent
fixture, shielding it from reversal by future administrations,”
according to Anndy Lian, author and intergovernmental blockchain
expert.
The bill signals the US government’s intent to integrate Bitcoin
into its financial framework, Lian told Cointelegraph, adding:
“It builds on Trump’s earlier executive action by
providing a statutory backbone, potentially clarifying the
government’s stance on digital assets. If passed, the bill could
reduce uncertainty that has long plagued the crypto space, where
agencies like the SEC and CFTC have often clashed over
jurisdiction.”
“A codified reserve might encourage a more cohesive regulatory
approach, offering businesses and investors a clearer path
forward,” he added.
However, identifying the right funding mechanisms and custody
solutions for the Bitcoin reserve is a challenging step for
governmental entities that may delay the fund’s creation.
Related: European lawmakers silent on US Bitcoin reserve
amid digital euro push
Donalds’ bill may also provide more clarity on the government’s
future Bitcoin acquisition strategies. Although the current plan
does not involve government Bitcoin purchases, the order does not
rule them out in the future.
The order authorizes the US Treasury and Commerce secretaries to
develop “budget-neutral strategies” to buy more Bitcoin for the
reserve, provided there are no additional costs to taxpayers.
Magazine: SCB
tips $500K BTC, SEC delays Ether ETF options, and more: Hodler’s
Digest, Feb. 23 –March. 1
...
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US Rep. Byron Donalds to introduce bill codifying
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