According to a recent report, another member country of the US House of Representatives said it will introduce a new legislation on March 14 to organize the administrative order of US President Donald Trump’s strategic Bitcoin Protection Zone (SBR). This measure is based on the recent efforts of US lawmakers to formulate and protect Trump’s encryption plan.
New Bill proposes to protect the Bitcoin protection zone in the United States.
On Friday, Bloomberg reported that Byron Donalds would introduce a bill to organize President Trump’s administrative order. The proposed legislation will formalize Trump’s plans and protect strategic preliminary preliminary from potential industrial executives.
According to the report, the bill will ensure that the future president’s administrative measures will not be eliminated. The US president signed an administrative order on March 6 to create strategic BTC reserve troops and “digital asset stocks.”
This order indicates that these initiatives will be funded by encryption confiscated in government crimes and civil confiscation procedures, including 200,000 BTC owners and other digital assets already owned by the US.
In a statement on Bloomberg, Donald said that the Democratic Party had a war on the crypto industry. The bill must be passed by at least 60 votes and many House of Representatives in the US Senate.
The US representative is the latest to recognize Bitcoin as a strategic asset at the state and national assets, including the new cryptocurrency -friendly administration, including the measures of Cynthia Lummis Senator, who wants to organize Trump’s recent administrative orders in recent efforts by US parliamentarians.
On Tuesday, Senator Lummis reintroduced the first preliminary legislation introduced for the BTC purchase program in July. As reported by Bitcoinist, this bill is co -sponsored by Republican Senator JIM Justice, Marsha Blackburn, Bernie Moreno, Roger Marshall and Tommy Tuberville.
Innovation, technology and competitiveness improvement through the BITCOIN Act (BITCOIN) Act (BILL S954) is aimed at simply offset the cost of utilizing specific resources of the federal preparation system and offsetting them for different purposes.
The US Senator emphasized the establishment of the US strategic Bitcoin reserve forces and to systematically organize President Trump’s bold vision to strengthen our country’s economic foundation for generations.
The lawmakers were divided into Trump’s password protection area.
Meanwhile, the US representative Nick Begich also introduced the 2025 Bitcoin Act to the US House of Representatives. The law, co -sponsored by six Republicans, said, “It is designed to secure financial independence and maintain leadership in the global digital economy.
BEGICH emphasized the need for the United States to establish an official Bitcoin protection area, such as gold reserves.
Nevertheless, according to a recent report, other parliamentary member states are opposed to President Trump’s encryption plan. Democrat Gerry Connolly recently wrote a letter to the Treasury Minister Scott Bessent and forced him to give up his strategic preliminary plan.
Representative House of Representatives said, “Such reserve troops will not provide noticeable benefits to the American people, but will greatly enrich the president and his donors. In addition, we will choose the winner during the currency and waste the taxpayer’s dollar through social media to form a unclean fiscal policy. ”
The letter also requests documents and communications about reserves and requests a list of detailed protection measures prepared to prevent civil servants who are financially benefiting from strategic cryptocurrency protection zones.
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