Strategic Bitcoin Reserve Bill Signals New Era for America’s Crypto Leadership

The U.S. aims to solidify Bitcoin’s institutional role through a proposed law establishing a Strategic Bitcoin Reserve using seized assets.

Jerry Fragiskatos highlights the need for a global, merit-based approach to digital asset evaluation beyond national origin and hype.

Trump Media aligns its $12B capital strategy with long-term Bitcoin holdings and seeks SEC approval for a Truth Social Bitcoin ETF.

The United States is escalating its digital asset agenda. Congressman Tim Burchett has introduced a bill to formalize Executive Order 14233. This order, originally signed by President Donald Trump, establishes a Strategic Bitcoin Reserve. If passed, the bill would secure institutional support for Bitcoin and mark a pivotal shift in U.S. crypto strategy.

Besides, the bill pushes for the use of seized Bitcoin and future acquisitions to form a national reserve. It aims to enhance America’s position as a crypto-forward global power. The move may inspire other countries to initiate their own sovereign BTC reserves. Currently, the bill is under review by the House Financial Services Committee.

Broader Crypto Evaluation and Cardano’s Potential Role

However, experts warn against relying solely on U.S.-based cryptocurrencies. Jerry Fragiskatos, former COO of Cardano and now with Apex Fusion, advocates for a merit-based asset selection. He believes blockchain innovation is borderless and driven by global open-source collaboration.

Moreover, Fragiskatos urges policymakers to assess assets based on decentralization, resilience, and utility. He referenced the TCP/IP protocol as a model for global standards. Fragiskatos praised ADA’s potential inclusion in the national reserve as a validation of its architectural strength. He emphasized that evaluating digital assets must go beyond market cap and liquidity.

Trump Media Aligns With Bitcoin Treasury Strategy

Meanwhile, Trump Media & Technology Group (DJT) is also advancing its crypto integration strategy. The company has filed a universal shelf registration with the SEC. It enables DJT to raise up to $12 billion for various financial instruments. Additionally, proceeds will support a dedicated Bitcoin reserve fund and operational expansion.

CEO Devin Nunes confirmed that DJT plans to acquire Bitcoin strategically. The company will time purchases to optimize market conditions. Besides that, Trump Media is also awaiting SEC approval to launch a Truth Social Bitcoin ETF. Consequently, the firm joins other public companies turning to Bitcoin as a core treasury asset.

Furthermore, Fragiskatos pointed out technical barriers hindering blockchain interoperability. He cited fragmented value layers as a major issue. He believes true cross-chain synergy must start by aligning base layers with application ecosystems.

The post Strategic Bitcoin Reserve Bill Signals New Era for America’s Crypto Leadership appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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