BITCOIN Act of 2025
Mar 11, 2025
Very Pro Crypto
This bill proposes the establishment of a Strategic Bitcoin Reserve, requiring the U.S. government to acquire 1,000,000 Bitcoins over five years and manage them in secure cold storage with transparent proof-of-reserve attestations. It outlines a mechanism to fund these purchases using resources from the Federal Reserve System and directs all federal agencies to transfer forfeited Bitcoin to this reserve. The bill also includes provisions for states to voluntarily store their Bitcoin holdings and explicitly protects private property rights, including self-custody, of Bitcoin for individuals.
Current Status
This bill is currently in the legislative process and has not yet been passed into law.Analysis
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Votes
For
Against
Total
0
0
(D)
0
0
(R)
0
0
Sponsor
A
Nick Begich III(R) Congressperson
Cosponsors (9)
A
Buddy Carter(R) Congressperson
A
Pat Harrigan(R) Congressperson
A
Bob Onder(R) Congressperson
A
Michael Rulli(R) Congressperson
A
Mike Collins Jr(R) Congressperson
Voted For (0)
No votesVoted Against (0)
No votes