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Amid the uncertainty within the executive branch, Congress is attempting to enshrine this reserve in law. Such legislation would provide it with a permanent foundation, which a presidential executive order does not.

Otherwise, the next occupant of the White House could revoke this executive order at any time. Senator Cynthia Lammis and Representative Nick Begich first introduced the BITCOIN Act in March 2025. The bill calls for the purchase of up to 1 million bitcoins over five years, with funding to come from strategies that do not impact the budget.

So far, this initiative has been making slow progress. The BITCOIN Act is currently part of broader market structure legislation related to the Clarity Act. This law aims to determine which agency is responsible for overseeing specific crypto assets. Lawmakers have postponed its consideration, which was scheduled for January 2026. Republicans and Democrats were unable to reach an agreement on interest rates for stablecoins and DeFi regulation. As a result, this legislative measure also reached an impasse.

In May 2026, Begich and Congressman Jared Golden pursued a second approach. Their bipartisan American Reserve Modernization Act would have directly established a Strategic Bitcoin Reserve under the jurisdiction of the Department of the Treasury. In addition, it provided for the creation of a separate reserve for non-Bitcoin assets. Thus, the bill clearly resolves the issue of jurisdiction, which the executive branch has so far been unable to settle.

Despite all the unresolved issues, the reserves themselves remain substantial. The federal government holds over $20 billion worth of Bitcoin. According to Arkham Intelligence, this makes it one of the largest known sovereign holders in the world. Consequently, assets of this magnitude continue to circulate without a clearly defined legal framework. Ultimately, a reliable solution requires either the resumption of stalled legislative initiatives or the creation of a new executive structure.

Meanwhile, things remain quiet on the political front. Patrick Vtt, the White House advisor on cryptocurrencies, promised in April 2026 to make an important announcement regarding next steps. It was supposed to follow in the coming weeks. So far, this has not happened. Overall, this delay symbolizes a cryptocurrency policy that is developing more slowly than originally anticipated.”,”detected_source_language”:”RU