Close Menu
  • Latest News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Meme Coins
  • DeFi
  • Tech
    • Blockchain
    • Security and Privacy
  • Web 3
    • Web3 News
    • Gaming
  • Legal
    • Taxes & Regulation
    • Adoption
  • Analysis
  • Learn
    • Education
    • Wallets and Exchanges
  • Tools
    • Market Overview
    • Converter
What's Hot

What is an MX Record? A Simple Guide to Email Server Configuration

August 11, 2025

Hive Intelligence Partners with Omnia Protocol to Bolster AI-Native DeFi

August 11, 2025

Following Claims That China Is Beginning to Soften Its Stance on Cryptocurrencies, an Unexpected Move Has Been Made

August 11, 2025
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
Facebook X (Twitter) Instagram
Buy Crypto NewsBuy Crypto News
  • Latest News
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. Meme Coins
    5. View All

    Why is Zora Token up 50%? Perps Listings and Base Ecosystem Flows Drive Breakout

    August 11, 2025

    Why BlackRock Might be Reluctant to Pursue a U.S.-Listed Spot XRP ETF

    August 11, 2025

    Here Are 3 Bullish Reasons Why JPMorgan Sees S&P 500 Rallying Much Higher

    August 11, 2025

    Pendle’s TVL Hits Record $8.3B After Yield-Trading Platform Debut

    August 10, 2025

    $190M in unrealized losses – Did crypto shorting strategy go wrong for Abraxas?

    August 11, 2025

    Ethereum surges with $461M ETF inflows – Will ETH break its ATH?

    August 11, 2025

    Vitalik Buterin regains ‘billionaire status’ after Ethereum surges past $4,000!

    August 11, 2025

    Why the Bitcoin Dominance chart may be warning traders of THIS shift!

    August 10, 2025

    Tether-Backed Northern Data in Talks for $1.17B Sale to Rumble: Full Details

    August 11, 2025

    Lido DAO jumps 10% – Can $38B TVL push LDO past $2?

    August 11, 2025

    Ethereum Price To $12,000? ETH Could Repeat This Bitcoin 2020 Fractal

    August 11, 2025

    Raydium hits 3-month high – Is RAY’s $4 target within reach?

    August 10, 2025

    Pepe, BMT, CAKE: Crypto Activity Heats Up

    March 18, 2025

    SHIB Burns Over Half a Billion Tokens, Price Surges Over 7%

    March 17, 2025

    DOGE Sees Massive User Growth: Active Addresses Up 400%

    March 15, 2025

    Shiba Inu (SHIB) Price Analysis: Bullish Hints, Bearish Trend

    March 15, 2025

    What is an MX Record? A Simple Guide to Email Server Configuration

    August 11, 2025

    Hive Intelligence Partners with Omnia Protocol to Bolster AI-Native DeFi

    August 11, 2025

    Following Claims That China Is Beginning to Soften Its Stance on Cryptocurrencies, an Unexpected Move Has Been Made

    August 11, 2025

    Tether-Backed Northern Data in Talks for $1.17B Sale to Rumble: Full Details

    August 11, 2025
  • DeFi

    FLOKI rallies after Robinhood listing, here’s why it could climb even higher

    August 11, 2025

    Crypto scam group GreedyBear steals over $1m using fake extensions and malware

    August 11, 2025

    Bo Hines, White House crypto adviser, resigns: What we know

    August 11, 2025

    The rise of real-world cyber threats

    August 10, 2025

    Ethereum eyes $4,000 as SharpLink buys another 22,000 ETH 

    August 10, 2025
  • Tech
    1. Blockchain
    2. Security and Privacy
    3. View All

    Hive Intelligence Partners with Omnia Protocol to Bolster AI-Native DeFi

    August 11, 2025

    Roman Storm Found Guilty On One Charge, Hung Jury On 2 Additional Counts

    August 11, 2025

    Xenea and Partisia Blockchain Partner to Bring Confidential Computing to Decentralized Storage

    August 11, 2025

    USDC Leads 3x Rise in Crypto-Based Salary Payments Over Past Year: Survey

    August 11, 2025

    Fake Ethereum trading bots on YouTube help scammers steal over $900K

    August 7, 2025

    A threat we can’t ignore

    August 3, 2025

    Android Malware Targets Banking Users Through Discord Channels

    July 31, 2025

    FBI Seizes $2.4m in Crypto from Chaos Ransomware Gang

    July 30, 2025

    What is an MX Record? A Simple Guide to Email Server Configuration

    August 11, 2025

    Hive Intelligence Partners with Omnia Protocol to Bolster AI-Native DeFi

    August 11, 2025

    Following Claims That China Is Beginning to Soften Its Stance on Cryptocurrencies, an Unexpected Move Has Been Made

    August 11, 2025

    Tether-Backed Northern Data in Talks for $1.17B Sale to Rumble: Full Details

    August 11, 2025
  • Web 3
    1. Web3 News
    2. Gaming
    3. View All

    What is an MX Record? A Simple Guide to Email Server Configuration

    August 11, 2025

    Rumble Reports Second Quarter 2025 Results

    August 11, 2025

    Japan’s crypto paralysis is cultural; tax cuts won’t fix it

    August 11, 2025

    TheXchange Launches $STAX IEO on Coinstore: Powering the “World’s First Global Xchange for People”

    August 10, 2025

    CodexField and Salvo Unite to Tokenize Game Code

    August 7, 2025

    VitaminAi and WildGo Partner to Unveil Web3 Pinball Game

    August 7, 2025

    Animoca Brands Partnership Unveils Revolutionary Web3 Gaming Future

    August 6, 2025

    Shrapnel to Leave Avalanche in New Partnership with Gala Games

    August 5, 2025

    What is an MX Record? A Simple Guide to Email Server Configuration

    August 11, 2025

    Hive Intelligence Partners with Omnia Protocol to Bolster AI-Native DeFi

    August 11, 2025

    Following Claims That China Is Beginning to Soften Its Stance on Cryptocurrencies, an Unexpected Move Has Been Made

    August 11, 2025

    Tether-Backed Northern Data in Talks for $1.17B Sale to Rumble: Full Details

    August 11, 2025
  • Legal
    1. Taxes & Regulation
    2. Adoption
    3. View All

    Following Claims That China Is Beginning to Soften Its Stance on Cryptocurrencies, an Unexpected Move Has Been Made

    August 11, 2025

    EthereumMax investors secure partial win in class-action lawsuit

    August 11, 2025

    FTX Top Creditor Activist Recounts Sam Bankman-Fried’s 25-Year Sentencing

    August 11, 2025

    XRP Army Celebrates Being on ‘Right Side of History’ as SEC’s Ripple Lawsuit Ends

    August 10, 2025

    Ethena Labs’ USDe overtakes rivals as fastest-growing stablecoin, reaching $10B in TVL in just 500 days

    August 10, 2025

    El Salvador eyes first dedicated Bitcoin bank

    August 10, 2025

    Stablecoin to settle $5 trillion and challenge SWIFT in 2026 amid $3.3T July volume

    August 9, 2025

    Majority of America’s top 25 banks now signal crypto plans

    August 9, 2025

    What is an MX Record? A Simple Guide to Email Server Configuration

    August 11, 2025

    Hive Intelligence Partners with Omnia Protocol to Bolster AI-Native DeFi

    August 11, 2025

    Following Claims That China Is Beginning to Soften Its Stance on Cryptocurrencies, an Unexpected Move Has Been Made

    August 11, 2025

    Tether-Backed Northern Data in Talks for $1.17B Sale to Rumble: Full Details

    August 11, 2025
  • Analysis

    Ethena Price Surges 40% Weekly as TVL Breaks $10B

    August 11, 2025

    Can Cardano (ADA) Price Still Hit $2?

    August 10, 2025

    XRP’s $11 Price Target Explained Amid 1 Billion Token Unlock and Market Dip

    August 10, 2025

    Why Ethereum Price Could Hit $5,000 Sooner Than You Think

    August 10, 2025

    XRP Price Prediction as SEC Drops Ripple’s ‘Bad Actor’ Tag

    August 10, 2025
  • Learn
    1. Education
    2. Wallets and Exchanges
    3. View All

    What Is Grok AI? Elon Musk’s Controversial ChatGPT Rival

    August 11, 2025

    What Is Tokenization?

    July 11, 2025

    What Are Internet Capital Markets? Why Companies Are Launching Meme Coins

    June 16, 2025

    What is a Corporate Bitcoin Treasury? The Strategy Behind Companies Holding Crypto

    May 27, 2025

    Coinbase to raise $2 billion through convertible senior notes offering

    August 8, 2025

    Philippine SEC cracks down on 10 unlicensed crypto platforms

    August 7, 2025

    Your crypto can be frozen, even if you did nothing wrong

    August 7, 2025

    Coinbase debuts developer wallet with automatic 4.1% USDC rewards, notes regulatory clarity

    August 6, 2025

    What is an MX Record? A Simple Guide to Email Server Configuration

    August 11, 2025

    Hive Intelligence Partners with Omnia Protocol to Bolster AI-Native DeFi

    August 11, 2025

    Following Claims That China Is Beginning to Soften Its Stance on Cryptocurrencies, an Unexpected Move Has Been Made

    August 11, 2025

    Tether-Backed Northern Data in Talks for $1.17B Sale to Rumble: Full Details

    August 11, 2025
  • Tools
    • Market Overview
    • Converter
Buy Crypto NewsBuy Crypto News
Home»Adoption»Senate, House lawmakers reintroduce Bitcoin Act legislation to accumulate 1 million BTC
Adoption

Senate, House lawmakers reintroduce Bitcoin Act legislation to accumulate 1 million BTC

March 12, 2025No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Senator Cynthia Lummis has reintroduced a groundbreaking piece of legislation that could revolutionize the US government’s approach to digital assets. The BITCOIN Act, which aims to authorize the acquisition of up to 1 million Bitcoin (BTC), formalizes President Donald Trump’s recent executive order establishing a federal Bitcoin reserve.

This legislation, if passed, would require the Treasury Department to oversee the acquisition and secure storage of Bitcoin, integrating digital assets into US financial strategy. Senator Lummis sees this bill as a forward-looking measure for economic stability and innovation, stating, “By codifying this effort into law, we can ensure that our nation leverages digital assets to strengthen our financial future while maintaining its global leadership.”

The BITCOIN Act has garnered support from five Republican Senators, including Jim Justice, Tommy Tuberville, Roger Marshall, Marsha Blackburn, and Bernie Moreno. Additionally, Congressman Nick Begich has introduced a companion bill in the House.

If enacted, the bill would mandate the federal government to purchase up to one million BTC over a five-year period, with funding coming from the Federal Reserve’s net earnings and adjustments to Treasury certificates based on the Fed’s gold holdings. The proposal also calls for the establishment of a decentralized network of secure Bitcoin storage facilities across the US, with all acquired Bitcoin required to be held for at least 20 years.

One key difference between Lummis’ bill and the White House’s stance on Bitcoin reserves is the approach to acquisition. While Trump’s executive order favored indefinite holding, Lummis’ proposal outlines a structured purchasing framework. The administration has stressed the importance of budget-neutral approaches, while the BITCOIN Act presents a broader financial strategy.

See also  Polygon Labs CEO says bias against Indian co-founder hindering network’s growth

The introduction of this legislation comes amidst growing political support for crypto initiatives, with advocacy groups playing a significant role in shaping the industry’s regulatory landscape. However, the bill’s passage remains uncertain, and its legislative trajectory will depend on ongoing developments in Congress.

If passed, the BITCOIN Act would mark a significant shift in US monetary policy, positioning Bitcoin as a formal reserve asset and solidifying the country’s position in the digital asset economy. This bold step could set a precedent for other nations to embrace digital assets as part of their financial strategies.

Overall, Senator Lummis’ initiative represents a bold and forward-thinking approach to integrating digital assets into the US financial system, signaling a new era of innovation and economic stability.

Accumulate ACT Bitcoin BTC House Lawmakers Legislation Million reintroduce Senate
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Plume & Mercado Bitcoin Unlock Massive $40M Milestone

August 11, 2025

Ethereum Price To $12,000? ETH Could Repeat This Bitcoin 2020 Fractal

August 11, 2025

Bo Hines, White House crypto adviser, resigns: What we know

August 11, 2025

Ethena Labs’ USDe overtakes rivals as fastest-growing stablecoin, reaching $10B in TVL in just 500 days

August 10, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

‘Nothing’s Changed’: Trader Says He’s Still Expecting Bitcoin All-Time Highs This Cycle – But There’s a Catch

March 22, 2025

SEC Closes Key Crypto Cases— Is It a Turning Point?

April 4, 2025

Zero Emission Vehicle (ZEV) Market is Thriving Worldwide | Tesla, Toyota, Audi

January 25, 2025
Price Chart


Explore insights on crypto, blockchain, taxes, and security. Stay informed with expert guides, tips, and the latest trends to navigate the digital asset world confidently


We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

What is an MX Record? A Simple Guide to Email Server Configuration

August 11, 2025

Hive Intelligence Partners with Omnia Protocol to Bolster AI-Native DeFi

August 11, 2025

Following Claims That China Is Beginning to Soften Its Stance on Cryptocurrencies, an Unexpected Move Has Been Made

August 11, 2025
Get Informed

Subscribe to Updates

Get the latest creative news From BuyCryptoNews directly in your Inbox!

  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
© 2025 BuyCryptoNews - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.