summary
Introduced
06/06/2025
06/06/2025
In Committee
06/06/2025
06/06/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To codify Executive Order 14233 relating to establishment of the strategic Bitcoin reserve and United States digital asset stockpile.
AI Summary
This bill codifies Executive Order 14233, which establishes a strategic Bitcoin reserve and United States digital asset stockpile, into law. By converting the executive order into formal legislation, the bill ensures that the provisions related to creating a national reserve of digital assets, specifically Bitcoin, will have the full force and effect of law, rather than existing solely through a presidential executive order. While the bill text is quite brief, it suggests the federal government is taking steps to formally recognize and institutionalize a strategic approach to managing digital assets at a national level. The legislation appears to be a mechanism for transforming a previous executive order into a more permanent legal framework, potentially signaling the growing importance of cryptocurrencies and digital assets in national economic and strategic planning.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Referred to the House Committee on Financial Services. (on 06/06/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/3798/all-info |
| BillText | https://www.congress.gov/119/bills/hr3798/BILLS-119hr3798ih.pdf |
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