A group of U.S. legislators, led by Congressman Nick Begich, has introduced the BITCOIN Act of 2025, proposing the establishment of a Strategic Bitcoin Reserve. The legislation aims to bolster the U.S. dollar's credibility by capitalizing on Bitcoin's scarcity. The plan outlines annual purchases of 200,000 BTC, with a total target of acquiring 1 million BTC, which could influence Bitcoin's market liquidity and price.
The proposal has sparked mixed reactions among policymakers and financial experts, with discussions focusing on its potential impact on U.S. financial strategy and the broader cryptocurrency market. The debate continues over the initiative's feasibility and its long-term fiscal implications.
U.S. Legislators Introduce BITCOIN Act to Establish Strategic Bitcoin Reserve
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