BITCOIN Act of 2025

Hozzl · 2025-03-28T08:06:13Z

Explore the details of House Bill 2032 BITCOIN Act of 2025 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

3/28/2025, 8:06 AM

Summary of Bill HR 2032

Bill 119 HR 2032, also known as the Strategic Bitcoin Reserve Act, aims to create a Strategic Bitcoin Reserve for the Federal Government. This reserve would be used to manage and hold Bitcoin assets in a transparent manner. The bill also includes provisions for offsetting costs by utilizing resources from the Federal Reserve System.

The purpose of establishing this reserve is to ensure that the Federal Government has a strategic plan in place for managing Bitcoin holdings. This is important as Bitcoin and other cryptocurrencies are becoming increasingly popular and valuable assets. By creating a reserve specifically for Bitcoin, the government can better protect and manage these assets.

Additionally, the bill includes provisions for other programs related to Bitcoin management. These programs are designed to ensure that the government is able to effectively oversee and utilize its Bitcoin holdings. This includes measures to prevent fraud, theft, and misuse of Bitcoin assets. Overall, the Strategic Bitcoin Reserve Act is aimed at providing a framework for the Federal Government to manage its Bitcoin holdings in a transparent and responsible manner. By establishing a reserve specifically for Bitcoin, the government can better protect and utilize these assets for the benefit of the country.

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Current Status of Bill HR 2032

Bill HR 2032 is currently in the status of Bill Introduced since March 11, 2025. Bill HR 2032 was introduced during Congress 119 and was introduced to the House on March 11, 2025. Bill HR 2032's most recent activity was Referred to the House Committee on Financial Services. as of March 11, 2025

Bipartisan Support of Bill HR 2032

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 2032

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 2032

BITCOIN Act of 2025BITCOIN Act of 2025Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act of 2025To establish a Strategic Bitcoin Reserve and other programs to ensure the transparent management of Bitcoin holdings of the Federal Government, to offset costs utilizing certain resources of the Federal Reserve System, and for other purposes.

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