Breaking: Rep. Burchett Introduces House Bill to Turn Trump’s Strategic Bitcoin Reserve into Law

Paul
June 8, 2025
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Breaking: Rep. Burchett Introduces House Bill to Turn Trump’s Strategic Bitcoin Reserve into Law

Highlights

  • Tim Burchett has presented H.R. 3798, which looks to create a Bitcoin reserve for the US
  • The committee overseeing the bill will look over it now, as required by Executive Order 14233.
  • If the legislation is passed, America’s approach to digital currencies could be improved and the economy could benefit.

On June 6, 2025, a bill called H.R. 3798 (Trump’s Strategic Bitcoin Reserve) was submitted to the U.S. House of Representatives. The bill introduced by Rep. Tim Burchett is designed to convert an executive order issued before into actual law.

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US is Moving Closer To Having a Bitcoin Reserve

The order is called Executive Order 14233, and it is designed to form a strategic Bitcoin reserve. As a result, it would cause the United States to start accumulating stockpiles of the leading digital currency.

Currently, Financial Services Committee in the House is the authority that will review the bill. On X, Pete Rizzo, with username the Bitcoin Historian, shared the information about the update.

This move shows that lawmakers are becoming more interested in cryptocurrencies. This aligns with positive developments like Coinbase slashing account freezes by 82%, as noted by Brian Armstrong

As Bitcoin’s price has gone up, a few people consider it to be a good way to protect the economy.

Before the bill can go to the President, it has to get approved by both the House and the Senate. But, by making it a law, it could bring significant changes to the way Americans deal with digital money.

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Congress To Closely Examine Bitcoin Bill

After a study by the committee, the lawmakers will determine the next steps to follow. Its supporters say that it would help the nation’s financial outlook in the future.

There are also concerns about a Bitcoin reserve, with the argument that its price is so unpredictable. Details about how the bill will be put into effect will become available as it passes through Congress.

If this Bitcoin reserve proposal becomes law, it could mean big progress for the US economy and crypto industry. Meanwhile, an analyst suggests Bitcoin and Ethereum ETFs may not see enough retail demand despite the UK lifting its ban

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others. He holds a degree in Geophysics from OAU, Nigeria. When he's not writing, he loves watching soccer and reading educative journals. He can be reached via [email protected]
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.