Digital Asset Legislation Pushed as Trump Embraces Crypto Agenda
Trump called for the creation of a Bitcoin reserve within the Treasury Department.
Photographer: Damian Lemanski/BloombergThis article is for subscribers only.
Representative Byron Donalds will introduce legislation on Friday to codify an executive order that President Donald Trump signed earlier this month that establishes a strategic Bitcoin reserve and US digital asset stockpile.
Passing the bill would ensure that the reserve and stockpile could not be eliminated by executive action from a future president, protecting the crypto-friendly policy that Trump embraced both on the 2024 campaign trail and in his second administration.