Protecting Trump’s Bitcoin Stash: A New Crypto Bill

A new bill aims to protect a controversial Bitcoin reserve supposedly established by President Trump. Let’s break down the details.

A Bitcoin Reserve Bill

Representative Byron Donalds is introducing a bill to make President Trump’s executive order creating a national Bitcoin reserve official. This bill would prevent future administrations from simply getting rid of the reserve. The reserve would be funded by Bitcoin seized from criminals and other digital assets already owned by the government. Donalds claims this is a necessary move to counter what he sees as Democratic attacks on the crypto industry. The bill needs significant support to pass.

More Support for the Bitcoin Reserve

Senator Cynthia Lummis has reintroduced a bill to create a Bitcoin purchasing program. This bill, co-sponsored by several Republican senators, aims to ensure transparent management of government Bitcoin holdings. She calls it a landmark bill that supports Trump’s vision for a national Bitcoin reserve.

Representative Nick Begich also introduced a similar bill in the House, emphasizing the need for the US to stay ahead in the digital economy.

Opposition to the Plan

However, not everyone is on board. Representative Gerry Connolly opposes the plan, arguing it benefits Trump and his donors, is bad fiscal policy, and wastes taxpayer money. He’s requested information about safeguards to prevent government officials from profiting from the reserve.

slot pulsa Slot pulsa Gemilang77 Slot deposit pulsa Gemilang77 Slot pulsa Situs slot pulsa Link slot pulsa Slot deposit pulsa Slot pulsa Slot pulsa Deposit pulsa 5000 Slot pulsa Slot pulsa Slot pulsa https://letsplayparty.com/ https://www.alboprofessionisti.com/ Slot pulsa Gemilang77 Merpati77 Slot thailand Kaswari77 Kaswari77 Slot gacor Slot gacor hari ini Slot deposit 5000 Situs togel Slot via pulsa Slot deposit dana Situs toto togel Daftar situs toto Situs toto online Kembangtoto Toto slot https://situskembangtoto.com/ Slot deposit via qris Situs toto Situs toto kembangtoto toto slot