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US considers formal Bitcoin reserve amid legislative urgency – TON BOT

US considers formal Bitcoin reserve amid legislative urgency

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Lawmakers in Washington are considering creating a Strategic Bitcoin Reserve and Digital Asset Stockpile through a new bill, HR 1566. The bill requires the Treasury Department to assess the feasibility of these reserves and their impact on the Forfeiture Fund. It also seeks clarity on how digital assets would be represented on the federal balance sheet and outlines requirements for custody partners, cybersecurity protections, and third-party contractors. The Treasury Secretary must deliver findings to key committees within 90 days of enactment, signaling urgency in establishing a strategic Bitcoin reserve strategy. President Trump previously floated the idea of a US Bitcoin reserve through an executive order, but a clear timeline for implementation is still pending. Senator Lummis has introduced legislation to encourage strategic accumulation, but the future of a US Bitcoin reserve remains uncertain.

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