New Bitcoin Reserve Bill Pressures Treasury On Custody Rules
The US House Appropriations Committee has advanced H.R. 5166 — the Financial Services and General Government (FSGG) spending bill for FY2026 — with language that would formally direct the Treasury Department to spell out how the federal government will custody Bitcoin and other digital assets it acquires, explicitly including holdings earmarked for the newly created […]
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The United States may be taking its first formal step toward accepting a Bitcoin reserve as part of its national strategy. A new proposal before Congress marks a historic turning point in the US policy toward BTC and digital assets. This bill directs the Treasury to study the feasibility of creating a Strategic Bitcoin Reserve, […]
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Earlier this year, Donald Trump announced the formation of a U.S. Bitcoin strategic reserve, where the government would build its own stash of the token. Now, a new bill, called H.R. 1566, has been passed which sets a 90-day deadline for the Treasury Department to come up with a plan to create and manage this […]
Filipino lawmaker Representative Migz Villafuerte has introduced House Bill 421, which seeks to establish a strategic Bitcoin (BTC) reserve for the Philippines. The bill tasks the Bangko Sentral ng Pilipinas (BSP) with acquiring 10,000 BTC over the next five years. Philippines Politician Floats Strategic Bitcoin Reserve Bill Under the proposal, the BSP would be responsible […]
In a groundbreaking development, the U.S. House Financial Services Committee has just passed the “Keep Your Coins Act of 2023,” a landmark bill advocating for the right to self-custody Bitcoin and other cryptocurrencies. The bill aims to ensure that individuals and businesses can store and manage their own digital assets securely, without unnecessary third-party involvement. […]