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US Bitcoin and Digital Asset Reserve: New Law

This bill gives legal force to an executive order establishing a strategic reserve of Bitcoin and other digital assets for the United States. This means the US government will be able to accumulate and manage digital currencies, potentially impacting the nation's financial stability and future cryptocurrency regulations, indirectly affecting the market and citizens' investments.
Key points
Official establishment of a strategic Bitcoin and digital asset reserve by the US government.
Executive order on digital assets gains legal status, ensuring its permanent implementation.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_2112
Sponsor: Rep. Donalds, Byron [R-FL-19]
Process start date: 2025-03-14
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

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".

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_2112.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-03-14.

What are the main provisions?

Key points include:

  • Official establishment of a strategic Bitcoin and digital asset reserve by the US government.
  • Executive order on digital assets gains legal status, ensuring its permanent implementation.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Donalds, Byron [R-FL-19].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Economy