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 […]
Related News
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, […]
Missouri lawmakers moved a step closer to letting the state hold Bitcoin after a new bill was pushed forward for committee review. The proposal would set up a separate fund inside the state treasury to collect and keep Bitcoin under certain rules. Related Reading: Bitcoin Undeterred: Trump’s 15% Global Tariff Hike Fails To Rattle Crypto […]
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 […]
Arizona lawmakers are weighing a bill that would let the state keep digital assets in a reserve instead of selling them off, and XRP is one of the names on the list. Related Reading: Bitcoin Ends 5-Month Losing Run — Real Reversal Or Just April Fool’s Hype? The proposal would place those assets under the state treasurer’s control, and it could also let the state earn extra returns through staking, airdrops, or limited lending if the move does not raise financial risk. What The Fund Would Hold SB1649 creates a Digital Assets Strategic Reserve Fund made up of digital assets that are held by,....
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 […]