The B****** Act currently has a 2% chance of getting past committee and 1% chance of being enacted according to GovTrack analysis.
Is this going to be as far as it goes?
What Trump Has Actually Done
On March 6, 2025, President Trump signed an executive order establishing both a Strategic Bitcoin Reserve and a US Digital Asset Stockpile. The Strategic Bitcoin Reserve will be capitalized with bitcoin owned by the Department of Treasury that was forfeited as part of criminal or civil asset forfeiture proceedings, and the United States will not sell bitcoin deposited into this Strategic Bitcoin Reserve. The White HouseWhite House
Key Details of the Current System
Funding Source: The reserve will be funded exclusively with bitcoin seized in criminal and civil forfeiture cases, ensuring that taxpayers bear no financial burden. According to estimates, the U.S. government controls approximately 200,000 bitcoin, though no full audit has ever been conducted. Trump signs executive order establishing U.S. strategic bitcoin reserve
Scope: Trump announced that the reserve would include five cryptocurrencies: bitcoin, ether, XRP, Solana's SOL token, and Cardano's ADA coin.
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