DoTheySupportIt Logo
DoTheySupportIt
Privacy PolicyTerms and ConditionsFAQs

Made to help create more economic freedom.

DoTheySupportIt Logo
DoTheySupportIt
Home
>
US Congress Bills
>
HR2112

Is The Bill "To give the force and effect of law to the Executive Order issued on March 6, 2025 entitled "Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile"." Crypto Friendly?

Description:

This bill seeks to codify into law an Executive Order from March 6, 2025, which establishes a "Strategic Bitcoin Reserve" and a "United States Digital Asset Stockpile." By enacting this legislation, the U.S. government would formally create a framework for acquiring and holding Bitcoin and other digital assets, elevating the executive action to a statutory requirement. The bill itself is brief, directly granting legal force and effect to the specified executive order without detailing its operational aspects.

Date Introduced:

2025-03-14

Status:

Introduced and Sponsored

Stance on Crypto:

Very Pro-Crypto

Links:

  • https://www.congress.gov/119/bills/hr2112/BILLS-119hr2112ih.pdf
  • https://www.congress.gov/bill/119th-congress/house-bill/2112
  • https://www.govtrack.us/congress/bills/119/hr2112

Primary Commentary:
Add Bill Commentary

The bill's objective to give legal force to the establishment of a "Strategic Bitcoin Reserve and United States Digital Asset Stockpile" is a profoundly pro-crypto development. By formalizing the government's acquisition and holding of Bitcoin and other digital assets, the bill provides significant legitimacy to these technologies at a national level. This action signals official recognition of crypto assets as valuable strategic holdings, which could substantially boost confidence, encourage broader institutional adoption, and reduce perceived regulatory risks for the industry. The direct government involvement in holding crypto assets, particularly Bitcoin, aligns with the framework's view that such proposals are very pro-crypto, as they validate the asset class and its integration into national policy.

Congress members who support this bill

Sponsors

Profile picture of Byron Donalds
Byron Donalds

Additional Commentary

No additional commentary for this bill yet