strategic Bitcoin reserve
Coverage of strategic Bitcoin reserve in the Nexus archive.
- President Trump’s strategic bitcoin reserve hits a legal and jurisdictional snag: Bloomberg
President Trump's plans for a strategic bitcoin reserve are encountering legal and jurisdictional challenges, as reported by Bloomberg. The article highlights the obstacles without specifying the nature of the legal issues or additional details about the reserve.
- US Treasury Secretary signals progress on Bitcoin reserve, CLARITY Act
US Treasury Secretary Scott Bessent stated the Treasury Department is progressing on Donald Trump’s 2025 executive order to establish a strategic Bitcoin reserve and digital asset stockpile. The department is moving 'with all deliberate speed' to implement the directive.
- Bessent backs summer push for Clarity Act, says bitcoin reserve moving at ‘deliberate speed’
Treasury Secretary Scott Bessent supports a summer push for the Clarity Act and is working to establish a strategic bitcoin reserve at a 'deliberate speed'.
- Texas Bitcoin reserve plans shift from ETF to direct BTC custody
Texas is hiring a crypto custodian to transfer its $10 million Strategic Bitcoin Reserve from BlackRock’s IBIT ETF into directly held Bitcoin and establish state-level BTC infrastructure.
- New strategic bitcoin reserve bill drops 1 million BTC purchase target, adds 20-year lockup period
A new strategic bitcoin reserve bill has been introduced that reduces the purchase target from 1 million BTC while implementing a 20-year lockup period for government holdings. The bill includes requirements for quarterly public proof-of-reserve disclosures and third-party audits to ensure transparency and accountability of the bitcoin reserves.
- Proposed ARMA Bill Aims to Enshrine Strategic Bitcoin Reserve Into Law
The American Reserve Modernization Act (ARMA) proposes that the U.S. Treasury create and maintain a strategic Bitcoin reserve for a minimum of 20 years. This legislation aims to enshrine cryptocurrency holdings into federal law, marking a significant policy shift toward institutional Bitcoin adoption.
- White House crypto advisor hints at ‘big announcement’ on Trump’s strategic bitcoin reserve in coming weeks
White House crypto advisor Patrick Witt hinted at an upcoming 'big announcement' regarding Trump’s strategic Bitcoin reserve, stating that related legislation is progressing. The announcement is expected in the coming weeks.
- Top U.S. Pacific Commander Calls Bitcoin a “Valuable Computer Science Tool” for National Power And Security
Admiral Samuel Paparo, commander of U.S. Indo-Pacific Command, testified before the Senate Armed Services Committee that Bitcoin's blockchain technology offers strategic value for national security, emphasizing its role in cybersecurity and power projection. He highlighted Bitcoin's peer-to-peer architecture and proof-of-work protocols as tools for deterring cyberattacks, while noting China's growing interest in Bitcoin as a strategic asset.