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

The bill “aims to cement the reserve as a permanent fixture, shielding it from reversal by future administrations,” blockchain regulatory experts told Cointelegraph.

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) 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.

Read more