Sponsors
11 Republican
Tim BurchettTN-2
This bill seeks to codify Executive Order 14233, which mandates the establishment of a strategic Bitcoin reserve and a broader United States digital asset stockpile. By transforming the executive order into law, the legislation aims to provide permanent legal backing for the government to acquire and hold Bitcoin and other digital assets as part of a national strategy.
This bill, by codifying Executive Order 14233, establishes a strategic Bitcoin reserve and a United States digital asset stockpile with the force of law. From a crypto industry perspective, this action is highly significant and overwhelmingly positive. The framework explicitly states that proposals for governments to buy or hold crypto are very pro-crypto. By committing to holding Bitcoin and other digital assets as strategic reserves, the U.S. government signals a clear recognition of their long-term value and strategic importance. This legitimizes Bitcoin and the broader digital asset class, potentially fostering increased institutional adoption, investor confidence, and a more favorable regulatory landscape. It does not introduce new compliance burdens, restrictions, or surveillance measures on the industry. Instead, it represents a direct government endorsement of digital assets as legitimate, strategic holdings, which can drive further integration into the global financial system and promote broader acceptance and development within the crypto ecosystem.
Every member who has sponsored, cosponsored or voted on this bill. Pick a vote to see how each member voted on it, or narrow by party, name or state.
1 Republican