US Lawmakers Advance Bill to Codify Trump’s Bitcoin Reserve Policy
U.S. lawmakers have advanced legislation that would formalize President Donald Trump’s Bitcoin reserve policy and restrict the sale of certain government-held Bitcoin.
Bill Would Impose 20-Year Holding Period
Under the proposed legislation, Bitcoin acquired through civil and criminal forfeiture would be held for 20 years. The measure would effectively place the reserve policy into law rather than leaving it subject to administrative changes.