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HR 2112119th CongressIn Committee

To give the force and effect of law to the Executive Order issued on March 6, 2025 entitled "Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile".

Introduced: Mar 14, 2025
Standard Summary
Comprehensive overview in 1-2 paragraphs

This bill would codify into statute an Executive Order issued on March 6, 2025, titled “Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile.” In practical terms, the bill states that the Executive Order shall have the force and effect of law, meaning its provisions would operate as statutory requirements rather than only as an executive directive. The core purpose is to establish a national program—the Strategic Bitcoin Reserve and a United States Digital Asset Stockpile—intended to guide how the federal government holds, manages, or utilizes digital assets (specifically bitcoin) for strategic objectives. Because the text provided does not include any funding, regulatory details, or operational parameters, the bill primarily functions as a legal mechanism to elevate the EO’s authority to the level of statute. By turning the EO into law, Congress would provide a more durable framework for implementing the plan, potentially reducing the likelihood that future administrations could reverse or alter it through executive action alone. The bill’s coverage is limited to legal status; it does not itself specify how the reserve or stockpile would be funded, governed, or regulated beyond what the EO prescribes.

Key Points

  • 1The bill would give the Executive Order from March 6, 2025, the force and effect of law.
  • 2The Executive Order aims to establish a Strategic Bitcoin Reserve and a United States Digital Asset Stockpile.
  • 3The bill codifies the EO into statute, making its provisions legally binding.
  • 4The bill has a simple structure: it references the EO and declares its legal force; no additional funding or regulatory details are included in the text provided.
  • 5Sponsorship and referral: introduced in the House by Representative Byron Donalds on March 14, 2025, and referred to the Committee on Financial Services.

Impact Areas

Primary: Federal government agencies responsible for asset management and national security policy; agencies tasked with implementing the Strategic Bitcoin Reserve and Digital Asset Stockpile.Secondary: Digital asset markets and industry participants (e.g., cryptocurrency custodians, exchanges, and investors) who could be affected by government holdings or policies related to strategic reserves.Additional impacts: Legislative stability and policy certainty regarding national digital asset strategy, potential budget and funding considerations not specified in the bill, and possible international or financial market implications stemming from a government-held bitcoin reserve.
Generated by gpt-5-nano on Nov 18, 2025