US Congress Bitcoin reserve bill directs Treasury to file a 90-day report on custody, cybersecurity, and feasibility of BTC stockpile.
Author: Akshat Thakur
Published On: Tue, 09 Sep 2025 10:03:33 GMT
September 9, 2025 â Lawmakers in the United States have introduced a bill requiring the Treasury Department to produce a report detailing how the proposed US Congress Bitcoin reserve would be created, secured, and managed. If enacted, the department will have 90 days to outline custody, cybersecurity, and interagency transfer protocols for the federal governmentâs strategic Bitcoin stockpile.
The bill, introduced Friday by Representative David P. Joyce, directs the Treasury to study and report on the US Congress Bitcoin reserve. It requires the department to explain how assets will be custodied, which contractors may be involved, and how the reserve will appear on federal balance sheets.
The bill also mandates analysis of legal hurdles, cybersecurity defenses, and the impact on the Treasury Forfeiture Fund. Joyce emphasized that the measure âensures the federal government is fiscally responsible, leverages new technology, and is focused on national security.â
In March, President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve and digital asset stockpile. The initiative aims to use confiscated crypto assets to strengthen government reserves.
Treasury Secretary Scott Bessent has since said the agency is exploring âbudget-neutral pathwaysâ to bolster Bitcoin holdings. The new bill represents tangible progress toward defining how the reserve will function.
Governments are increasingly exploring (and in some cases accumulating) Bitcoin for strategic reserves. Below is a quick snapshot you can keep updated.
The US Congress Bitcoin reserve effort mirrors similar moves abroad. Kazakhstanâs President Kassym-Jomart Tokayev recently proposed a state-backed crypto fund. In August, the Philippinesâ Congress debated creating a strategic reserve of 10,000 BTC, which would make it the first Southeast Asian nation to adopt Bitcoin as a sovereign reserve asset.
Globally, governments already hold more than 517,000 BTC, equivalent to 2.46% of the total supply, according to Bitbo.
Lawmakers have advanced language directing the Treasury to report on custody, cybersecurity, and accounting for a strategic Bitcoin reserve.
The President proposed a state-backed crypto fundâa step toward formalizing digital asset reserves and investment.
Congress debated establishing a 10,000 BTC strategic reserve, positioning the country as a potential first mover in Southeast Asia.
Several governments hold BTC via seizures, treasury management, or strategic programs. Numbers fluctuate with dispositions and new acquisitions.
| Jurisdiction | Status | Focus | Notes |
|---|---|---|---|
| United States | Exploration | Custody, cybersecurity, accounting | Reporting framework language introduced |
| Kazakhstan | Proposal | State-backed crypto fund | Signals institutional approach |
| Philippines | Debate | 10,000 BTC strategic reserve | Potential SEA first mover |
Source for global holdings: Bitbo (estimates). Figures can change with seizures, sales, and new acquisitions.
The push for a US Congress Bitcoin reserve highlights the growing importance of digital assets in national financial and security planning. As the Treasury prepares its report, the US joins a global race to define how sovereign Bitcoin reserves will shape the future of monetary policy.
Real voices. Real reactions.
đ¨ TODAY: US Congress floats bill for a 'Strategic #Bitcoin Reserve' + Digital Asset Stockpile. Directing Treasury to study feasibility, custody & framework for federal crypto holdings. https://t.co/J5l5cqanyZ
đşđ¸ BREAKING: Appropriations bill in Congress requires Treasury report to report on Strategic Bitcoin Reserve, including: - How it will "appear on the federal government's balance sheet" - Impact on Treasury's "Forfeiture Fund" - Plans for custody and security https://t.co/gcyDRx0J5O
NEW: đşđ¸ Congress introduces a new bill requiring the Treasury to study establishing a "Strategic $BTC Reserve" and "U.S. Digital Asset Stockpile", including feasibility assessment and custody framework for federal digital assets. https://t.co/GmdtlaqVsP
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