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

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 BTC - $83357.354 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.

Source: cointelegraph.com

Related symbols: BTCUSD

2025-03-14 12:53:03 GMT.

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Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,846,578. The last known price of Bitcoin is 83,162.94576799 USD and is up 1.55 over the last 24 hours. It is currently trading on 12006 active market(s) with $43,228,156,653.08 traded over the last 24 hours. More information can be found at https://bitcoin.org/.