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The American congress has instructed the treasury to explore the usability of a strategic BTC reserve and its potential impact on the functions of the department.
In the last design proposal, the American house has introduced a bill that instructs the Ministry of the Treasury to report on the feasibility of setting up a strategic Bitcoin [BTC] Reserve (SBR).
Part of the bill read”
“The secretary of the treasury is instructed to issue a report on committees on credits … no later than 90 days after the date of the entry into force of this law on the implementation of a strategic Bitcoin reserve and the American digital assets stock.”
Source: Congress
The design also requires possible barriers to creating the reserve, the impact of the Fonding Fund of the Treasury, and relevant supervisors and third parties involved in guardianship services.
Although this showed a clear intention to explore SBR, it only requires a related report. It is not an outright directive for the establishment of the reserve.
The bill has progressed from the committee, but still had to be planned for a floor debate.
Democrats ready for market structure account
In another development, 12 Democrats reportedly shown the willingness to become a member of their Republican colleagues to promote the Bill of the Crypto market structure.
The group, led by Senator Ruben Gallego, recruit Seven principles that the market structure framework must guide, including the closing of gaps for closing legal for non-security crypto-assets.
They added that the $ 4 trillion market was too large and with a huge potential to be left in a regulating limbo.
“Digital Asset Technology has the potential to unlock new companies and to trace American innovation. But questions about the place of digital assets in the US regulatory framework have been bubbling both innovation and the protection of consumers.”
But noted that a strong dual result ‘cannot be hurried’.
This will be the scene for two -part engagement in the bill. Republican and Pro-Crypto Senator Cynthia Lummis greet The input of the Democrats and calls it a ‘strong start’.
“Meaningful legislation requires intentional cooperation and discussion. This is a strong start and I am looking forward to working together to secure the financial future of America.”
Source: X
That said, the Republicans are expected to promote their bill from the committee at the end of September. The final form will meet the views of Democrats through two -part negotiations, and this can extend after October.
The Hashed-Out bill could then be set for the considerations of the Senate later in the first quarter or early 2026. In fact, the market was in fact praise Only a 30% chance on the passage of the account by 2025.
Source: Polymarket
For his part, Adam Minehardt, head of public policy at Chainlink [LINK]The movement mentioned as ‘positive’. He added That,
“Great to see and hope that this will take place, because this legislation does not happen without 60 votes in the Senate and there are only 53 Republicans.”