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HR 2032119th CongressIn Committee
BITCOIN Act of 2025
Introduced: Mar 11, 2025
Sponsor: Rep. Begich, Nicholas [R-AK-At Large] (R-Alaska)
Standard Summary
Comprehensive overview in 1-2 paragraphs
The BITCOIN Act of 2025 establishes a Strategic Bitcoin Reserve for the federal government, authorizing purchase of 1 million Bitcoin over 5 years, creating secure storage infrastructure, and using Federal Reserve remittances to fund the program.
Key Points
- 1Establishes Strategic Bitcoin Reserve for federal Bitcoin holdings
- 2Authorizes purchase of 200,000 Bitcoin per year for 5 years (1M total)
- 3Requires 20-year minimum holding period
- 4Uses Federal Reserve remittances to fund purchases
- 5Establishes Proof of Reserve system for transparency
- 6Allows voluntary state participation in the reserve
Impact Areas
Federal government financial managementCryptocurrency marketsFederal Reserve SystemState governmentsDigital asset custodians and infrastructure
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