3.0.0 2032 2026-01-26T17:15:06Z 2026-01-26T17:15:06Z House H HR 2025-03-11 119 https://www.congress.gov/bill/119th-congress/house-bill/2032 <pre>[Congressional Record Volume 171, Number 45 (Tuesday, March 11, 2025)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. BEGICH:H.R. 2032.Congress has the power to enact this legislation pursuantto the following:Congress has the power to enact this legislation pursuantto the following:Regulations with an Effect on Interstate Commerce ArticleI, Section 8, clause 3 (Commerce Clause)[Page H1151]</pre> hsba00 Financial Services Committee House Standing Referred To 2025-03-11T14:00:20Z 119 954 S 2025-03-11 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2025-03-11 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2025-03-11 Introduced in House IntroReferral Intro-H 9 Library of Congress 2025-03-11 Introduced in House IntroReferral 1000 9 Library of Congress B001323 Rep. Begich, Nicholas [R-AK-At Large] Nicholas Begich R AK J. N M001240 Rep. McDowell, Addison [R-NC-6] Addison McDowell R NC P. 6 2025-03-11 True H001101 Rep. Harrigan, Pat [R-NC-10] Pat Harrigan R NC 10 2025-03-11 True R000619 Rep. Rulli, Michael A. [R-OH-6] Michael Rulli R OH A. 6 2025-03-11 True N000026 Rep. Nehls, Troy E. [R-TX-22] Troy Nehls R TX E. 22 2025-03-11 True T000490 Rep. Taylor, David [R-OH-2] David Taylor R OH J. 2 2025-03-11 True C001129 Rep. Collins, Mike [R-GA-10] Mike Collins R GA 10 2025-03-11 True O000177 Rep. Onder, Robert [R-MO-3] Robert Onder R MO F. 3 2025-03-27 False K000404 Del. King-Hinds, Kimberlyn [R-MP-At Large] Kimberlyn King-Hinds R MP 0 2025-03-31 False C001103 Rep. Carter, Earl L. "Buddy" [R-GA-1] Earl Carter R GA L. "Buddy" 1 2025-06-23 False Finance and Financial Sector Finance and Financial Sector 2025-03-26T15:25:48Z

00 2025-03-11 Introduced in House 2026-01-26T17:14:48Z <p><strong>Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act of 2025 or the BITCOIN Act of 2025</strong></p><p>This bill provides for the acquisition and storage of the cryptocurrency Bitcoin by the U.S. government.</p><p>The Department of the Treasury must purchase one million Bitcoins over a five-year period and hold the Bitcoins in trust for the United States. The bill also allows for additional acquisitions through specified transfers, forfeitures, and gifts.&nbsp;All Bitcoins acquired by the United States and placed into the Strategic Bitcoin Reserve&nbsp;must be held for at least 20 years.&nbsp;At the end of this period and upon the recommendation of Treasury, a percentage of the holdings may be sold to reduce the national debt. The bill also establishes exceptions to this holding period for specified Bitcoin asset distributions and splits.</p><p>The bill directs Treasury to establish a Strategic Bitcoin Reserve for the secure storage of U.S. Bitcoins. The reserve must be a decentralized network of secure facilities across the United States. Existing U.S.&nbsp;Bitcoin holdings must be transferred to the reserve.&nbsp;States may voluntarily store Bitcoin holdings in the reserve in segregated accounts.</p><p>The bill also reduces the total amount of U.S. dollars Federal Reserve banks may hold in surplus and requires Federal Reserve banks to remit a certain amount of net earnings annually to the purchase of Bitcoins.</p><p>The bill also allows the use of Treasury’s Exchange Stabilization Fund to carry out purchases made under this bill.</p>

Display Title 45 2025-03-26T02:08:25Z Short Title(s) as Introduced 101 2025-03-26T02:08:20Z Introduced in House IH Short Title(s) as Introduced 101 2025-03-26T02:08:20Z Introduced in House IH Official Title as Introduced 6 2025-03-26T02:04:05Z Introduced in House IH Introduced in House 2025-03-11T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr2032ih/xml/BILLS-119hr2032ih.xml 2025-03-11 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.