Digital Asset Legislation Pushed as Trump Embraces Crypto Agenda

Representative Byron Donalds will introduce legislation on Friday to codify an executive order that President Donald Trump signed earlier this month that establishes a strategic Bitcoin reserve and US digital asset stockpile.

Passing the bill would ensure that the reserve and stockpile could not be eliminated by executive action from a future president, protecting the crypto-friendly policy that Trump embraced both on the 2024 campaign trail and in his second administration.

While the bill would require 60 votes in the Senate and a majority in the House, cryptocurrency-friendly policies have gained bipartisan support in this Congress.

“For years, the Democrats ...