US lawmakers have introduced a bill mandating the Treasury Department to examine the feasibility and technical considerations of establishing a strategic Bitcoin reserve and a digital asset stockpile. Introduced by Representative David P. Joyce, the bill requires the Treasury to provide a report within 90 days of enactment, detailing custody, legal authority, cybersecurity measures, interagency asset transfers, and the impact of the reserve on the Treasury Forfeiture Fund. This initiative follows President Donald Trump's earlier proposal to create a Bitcoin reserve using confiscated crypto assets. The legislation indicates progress toward the US government's potential Bitcoin reserve and will advance to the full House for consideration. Other countries, such as Kazakhstan and the Philippines, are also exploring similar strategic crypto reserves, reflecting a global trend towards integrating digital assets into national financial strategies.

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