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S 954119th CongressIn Committee
BITCOIN Act of 2025
Introduced: Mar 11, 2025
Sponsor: Sen. Lummis, Cynthia M. [R-WY] (R-Wyoming)
Standard Summary
Comprehensive overview in 1-2 paragraphs
The BITCOIN Act establishes a Strategic Bitcoin Reserve and Bitcoin Purchase Program to manage federal Bitcoin holdings and diversify national assets.
Key Points
- 1Creates a Strategic Bitcoin Reserve for secure federal Bitcoin storage
- 2Establishes a 5-year program to purchase 1 million Bitcoin
- 3Requires 20-year minimum holding period for acquired Bitcoin
- 4Provides for proof of reserve system and regular audits
- 5Allows voluntary state participation in the reserve system
Impact Areas
Federal Reserve System financesDepartment of TreasuryNational monetary policyCryptocurrency marketsState government investment options
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