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Home Bitcoin

New Bitcoin Reserve Bill Pressures Treasury On Custody Rules

September 10, 2025
in Bitcoin
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New Bitcoin Reserve Bill Pressures Treasury On Custody Rules
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Trusted Editorial content material, reviewed by main business specialists and seasoned editors. Advert Disclosure

The US Home Appropriations Committee has superior H.R. 5166 — the Monetary Providers and Basic Authorities (FSGG) spending invoice for FY2026 — with language that may formally direct the Treasury Division to spell out how the federal authorities will custody Bitcoin and different digital belongings it acquires, explicitly together with holdings earmarked for the newly created Strategic Bitcoin Reserve. The invoice was reported on September 5, 2025, as Home Report 119-236 and positioned on the Union Calendar.

Congress Calls for Public Info On Bitcoin Reserve

On the statutory stage, Part 138 of the reported invoice requires the Treasury, inside 90 days of enactment, to ship a public plan for the “safe and environment friendly custody” of federal digital belongings, “together with belongings held underneath the Strategic Bitcoin Reserve and the US Digital Asset Stockpile.” The plan should delineate custody structure, authorized authorities, cybersecurity controls, and interagency workflows for transfers and safekeeping.

Part 137 provides a second mandate: a report on the practicability of building the reserve and the associated stockpile, addressing potential boundaries, the anticipated impression on the Treasury Forfeiture Fund, how Bitcoin and different digital belongings can be offered on the federal stability sheet, and any third-party contractors used for custody. Learn collectively, the 2 sections would pressure the Treasury to make clear each whether or not and the way the federal authorities will preserve long-term Bitcoin holdings — and what which means for presidency accounting and forfeiture-fund mechanics.

The committee report accompanying the invoice underlines Congress’s intent to trace the circulate of seized belongings into this system. It directs the Treasury to offer month-to-month tables of the Forfeiture Fund’s exercise, together with any “diversions from the Forfeiture Fund to the Bitcoin Strategic Reserve and/or the digital asset stockpile.” That very same report part labels the custody directive “Custody of Digital Belongings,” emphasizing sturdy safeguards to forestall loss, unauthorized entry, or liquidation.

The push comes six months after the White Home issued Government Order 14233, which created each the Strategic Bitcoin Reserve and the US Digital Asset Stockpile by consolidating government-owned crypto seized in legal and civil instances. The order states that authorities BTC positioned into the reserve “shall not be offered,” positioning Bitcoin as a strategic asset held for nationwide goals topic to regulation. It additionally instructs Treasury and Commerce to develop methods to amass further authorities BTC on a budget-neutral foundation.

H.R. 5166 would additionally carry the national-security group into the loop. Part 139 directs the Treasury Secretary and the Director of the Nationwide Safety Company to offer a categorized report on inter-agency coordination inside 90 days of enactment — a sign that lawmakers see digital-asset custody (and key administration) as an operational threat floor in addition to a balance-sheet query.

The legislative stress is going on alongside separate efforts to codify the reserve. In March, Rep. Byron Donalds launched H.R. 2112 to provide the manager order “the pressure and impact of regulation,” whereas different measures, comparable to H.R. 2032, have proposed constructing out a decentralized, cold-storage reserve community for presidency BTC. None of these standalone payments has been enacted, however the appropriations route, if handed, would time-box the Treasury to ship concrete solutions shortly after the spending invoice turns into regulation.

What Modifications If H.R. 5166 Turns into Regulation?

First, the Treasury would owe the general public an in depth custody blueprint, not simply inside memoranda or ad-hoc practices developed for asset seizures. Second, Congress would obtain an analytical roadmap for the way a Strategic Bitcoin Reserve and stockpile would work together with forfeiture processes and the federal stability sheet — key inputs for any future choice to scale this system past seized belongings.

Third, the categorized NSA-Treasury report would institutionalize safety coordination round pockets infrastructure and interagency transfers. Collectively, these steps would shift the federal authorities’s dealing with of Bitcoin from case-by-case liquidation in the direction of an outlined reserve posture aligned with the March 6 coverage that reserve BTC is to not be offered.

Nonetheless, the measure doesn’t itself acceptable BTC, buy Bitcoin on the open market, or authorize fast diversions into the reserve; it units reporting and planning obligations contingent on enactment of the underlying appropriations invoice. The Home-reported textual content should nonetheless clear the complete Home, the Senate, and reconciliation earlier than reaching the President’s desk. Till then, the timelines — “inside 90 days of enactment” — are potential.

At press time, BTC traded at $112,700.

Bitcoin price
BTC faces the EMA50, 1-day chart | Supply: BTCUSDT on TradingView.com

Featured picture created with DALL.E, chart from TradingView.com

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