H.R. 3798, introduced by Rep. Tim Burchett, aims to codify a US Strategic Bitcoin Reserve, using seized BTC to boost economic stability.
On June 6, 2025, a bill, H.R. 3798 (Trump’s Strategic Bitcoin Reserve), was submitted to the US House of Representatives. Rep. Tim Burchett’s bill is intended to transform an executive order previously issued into actual law.
The United States is inching closer to establishing a Bitcoin reserve
Executive Order 14233 is the name of the order, which is intended to establish a strategic Bitcoin reserve. Consequently, the United States would accumulate stockpiles of the dominant digital currency.
Currently, the bill is subject to review by the Financial Services Committee of the House. Pete Rizzo, who goes by the pseudonym “the Bitcoin Historian,” disclosed the update on X.
This action indicates that lawmakers are increasingly intrigued by cryptocurrencies. Brian Armstrong has observed that Coinbase has reduced account suspensions by 82%, which is consistent with this.
A few individuals believe that Bitcoin is an effective method of safeguarding the economy as its price has increased.
Both the House and the Senate must approve the measure before it can be sent to the President. However, implementing this legislation could substantially modify how Americans manage digital currency.
Congress Will Thoroughly examine the Bitcoin Bill
The lawmakers will determine the subsequent measures to take after the committee has conducted its investigation. Its advocates assert that it would enhance the nation’s financial prospects in the future.
The argument that the price of Bitcoin is so unpredictable is also a source of concern regarding a Bitcoin reserve. Additional information regarding its implementation will be disclosed as the measure proceeds through Congress.
The potential for significant progress in the US economy and crypto industry is significant if this Bitcoin reserve proposal is enacted. In the interim, an analyst has expressed concern that the UK’s decision to lift its prohibition on Bitcoin and Ethereum ETFs may not generate sufficient retail demand.
