US Treasury has 90 days to evaluate Bitcoin reserves
- Bill calls for study on Bitcoin strategic reserve
- Report should detail digital custody and security models
- Trump had already launched the idea by executive order
The U.S. Congress has set a 90-day deadline for the Treasury Department to submit a detailed report on the feasibility of creating a strategic Bitcoin reserve. The requirement is included in the bill. HR1566 , which addresses appropriations for financial services and government operations through September 2026.
The proposal directs the Treasury to analyze how a Bitcoin reserve and a broader stock of digital assets could be structured. Key points include the impacts on the Forfeiture Fund—which currently holds assets seized by federal agencies—and how these digital assets would be recorded on the government's balance sheet.
The bill also reinforces the need for transparency regarding custody partners, cybersecurity, and the legal authority to store and transfer cryptocurrencies. Authorities must present custody models, security protocols, and identify potential third-party providers capable of managing custody on behalf of the federal government.
These details aim to ensure that any digital reserves are reliable and protected against operational risks and cyberattacks. The report must be submitted to the main committees of the Senate and House within 90 days of the bill's approval, highlighting the urgency of the debate on the adoption of Bitcoin reserves.
HR 1566 connects to previous initiatives seeking to formalize a digital reserve strategy in the United States. In early 2025, President Donald Trump issued an executive order suggesting the creation of a Bitcoin reserve, a measure that sparked strong interest among lawmakers and the crypto market.
Despite the progress, there is still no defined timetable for implementation. The lack of clarity regarding the official digital reserves policy fuels uncertainty in the sector, which closely monitors each regulatory step.
Lawmakers like Senator Cynthia Lummis have already advocated for specific legislation, including the so-called BITCOIN Act, aimed at the strategic accumulation of the cryptocurrency. However, these proposals remain stalled in Congress, leaving the future of the strategic Bitcoin reserve in the US uncertain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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