- Senator Cynthia Lummis has re -introduced the Bitcoin Act from 2025 in search of an American strategic Bitcoin reserve.
- The bill now goes on to the Senate for debate, while a house version is assessed in parallel.
At the “Bitcoin for America” top of the Bitcoin Policy Institute in Washington, DC, DC, Senator Cynthia Lummis officially officially re -introduced The Bitcoin Act from 2025. It is known as a legislative push to integrate Bitcoin [BTC] In the American financial reserves.
The bill follows the executive command of President Donald Trump, who has already set up a reserve with the help of confiscated Bitcoin of federal attacks.
It was initially introduced in 2024, but did not succeed, returns with changes and a stronger support from important Republican senators.
Source: X
Lummis, an old advocate for Bitcoin, emphasized the importance of the legislation and explained,
“Bitcoin is not only a technological opportunity, but a national necessity for the continuous financial leadership of America in the 21st century.”
She is supported by a coalition of co-sponsors, including senators Jim Justice, Tommy Tuberville, Roger Marshall, Marsha Blackburn and Bernie Moreno.
In the house, Congressman Nick Begich entered An additional bill, supported by six Republican co-sponsors.
She is accompanied by a coalition of co-sponsors, including senators Jim Justice, Tommy Tuberville, Roger Marshall, Marsha Blackburn and Bernie Moreno.
Source: X
Begich called the effort a “daring and foresight legislative initiative” to ensure that the US remains dominant in the global digital economy.
Trump’s executive order was just the beginning
Last week, President Donald Trump signed an executive order to set up a strategic Bitcoin reserve, which allocates 200,000 BTC to more than $ 16 billion at current market prices.
The order places these companies under federal control, but without conference legislation, future administrations may be able to reverse the policy.
The Bitcoin Act wants to permanently institutionalize Bitcoin Holdings within the American treasury, ensure that the government actively collects BTC instead of trusting the seizure of assets.
Michael Saylor, of Strategy (formerly MicroStrategy), supported the position of Senator Lummis and emphasized the need for American leadership in Bitcoin adoption. He said,
“I am here today to show you how the strategic Bitcoin reserve is a strategy for digital supremacy of the United States in the 21st century.”
If adopted, the bill would instruct the government to acquire BTC by transferring the Federal Reserve and Treasury funds, without direct taxpayer.
A million bitcoins? The US has a plan for that!
The Bitcoin Act from 2025 is intended to legally set up the Bitcoin reserve, so that it cannot be reversed by future policy.
The plan includes buying 200,000 BTC per year for five years, which means that the US can collect a million bitcoins by 2029. These assets must be kept for at least 20 years and will be managed by the treasury.
Financing for these acquisitions comes exclusively from Federal Reserve Remittances, Gold certificates and Treasury Assets, without trusting taxpayers.
Trump’s crypto -policy advisor, David Sacks, confirmed that,
“This costs taxpayers no dime.”
Source: X
Financial analysts have weighed the potential impact of an American Bitcoin reserve.
Can Bitcoin save the balance of America?
A recent report from Vaneck, an asset manager of $ 115 billion, estimates that if the US holds a million BTC and holds it until 2049, the reserve could be $ 42.4 trillion.
With that appreciation, Bitcoin Holdings could compensate for 35% of the expected national debt, which considerably improved the US tax position.
Even according to a more conservative estimate, Vaneck suggests that Bitcoin could cover at least 18% of American debts if the growth trends continue. However, critics warn that the price volatility of Bitcoin is risks.
If the actively long -term decline, its effectiveness could be affected as a spare walk.
Bitcoin is from $ 81k – but fear dominates the market
Although Bitcoin remains above $ 81,000, it has market sentiment deteriorate considerable.
Source: Coinmarketcap
The Crypto fear and greed index, which follows the sentiment of investors, fell in the ‘Extreme Fear’ zone. Crypto Rand noted,
“Bitcoin and the entire crypto market [are] Entering an extreme fear range. Levels that are no longer seen more than 4 years ago. “
The Bitcoin ACT now proceeds to the Senate Committee for banking, housing and urban affairs, where the laws will revise the economic and safety implications of the bill.
In the meantime, Congressman’s house account will begin his legislative process.
Will the Bitcoin’s congress place in American reserves?
If both accounts pass their respective rooms, a joint vote of the home-senate could send the legislation to President Trump’s office to sign.
While the bill is confronted with the opposition of some legislators who are concerned about the volatility of Bitcoin, the growing Republican support and Trump’s public support increase its chances of success.