Bitcoin News

Story: US Congress Pushes for Treasury Report on Strategic Bitcoin Reserve

By Sakamoto Nashi

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US lawmakers are advancing plans to formalize the United States’ Strategic Bitcoin Reserve, signaling growing federal interest in digital assets as part of national financial…

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If enacted, the bill would require the Treasury to produce a detailed report within 90 days of passage.

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The House bill contains two key sections specifying Treasury responsibilities. Section 137 instructs the department to examine the “practicability of establishing a Strategic…

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The legislation also calls for Treasury to identify potential implementation challenges and assess the impact on the federal balance sheet.

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Trump’s Executive Order and Federal Initiatives

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In March 2025, President Trump signed an executive order creating a Strategic Bitcoin Reserve and a digital asset stockpile.

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Treasury Secretary Scott Bessent has since emphasized that the agency is exploring budget-neutral pathways to bolster the Bitcoin reserve, focusing on responsible and secure…

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Representative Joyce highlighted the broader goals of the legislation, emphasizing fiscal responsibility, national security, and technological innovation.

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The US is not alone in exploring government-held cryptocurrency reserves. Across Central Asia, Kazakhstan’s President Kassym-Jomart Tokayev recently announced plans for a state…

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According to data from Bitbo, countries collectively hold over 517,000 BTC in their reserves, representing 2.46% of Bitcoin’s total supply.

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Potential Implications for Markets and Policy

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If the bill passes, the Treasury report could set the stage for federal benchmarks in crypto custody, accounting, and cybersecurity.

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In addition to operational clarity, the report may also affect market perceptions. A fully operational Strategic Bitcoin Reserve could signal federal confidence in digital…

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The bill is currently awaiting consideration on the House floor. Its progress may hinge on broader negotiations over federal spending and national financial priorities.

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While technical and logistical details are still being worked out, the introduction of this legislation reflects a shift in US policy toward embracing cryptocurrency as a…

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