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US Rep. Byron Donalds to introduce bill codifying Trump’s Bitcoin reserve

cryptoweekly by cryptoweekly
March 14, 2025
in bitcoin, News
0

The bill “aims to cement the reserve as a permanent fixture, shielding it from reversal by future administrations,” blockchain regulatory experts told 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.

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Recent Posts
  • Bitcoin grabs bid liquidity as BTC price dip targets include $113K
  • Bitcoin inheritances: A guide for heirs and the not-yet-dead
  • Crypto ATMs were just banned in New Zealand: Here’s why it matters
  • Crypto entrepreneurs were fleeing America, but we can bring them back
  • Mara to raise up to $1B for Bitcoin and operations via debt sale
  • DOGE price gained 340% the last time this indicator turned bullish
  • Crypto adoption in 2025 spurred by payments, AI: Survey

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