A new bill calls on the U.S. Treasury to develop a plan for how the federal government should hold and manage any Bitcoin it acquires.
This includes Bitcoin placed into a Strategic Bitcoin Reserve, a concept that has gained traction in Washington as lawmakers debate the role of digital assets in the U.S. economy.
Why Custody Matters
Custody is not just a technical detail. It is a cornerstone of trust. In 2022, the collapse of FTX showed how poor custody practices could erase billions of dollars in value overnight. By setting federal standards for Bitcoin custody, Congress wants to avoid those pitfalls. The government would likely turn to a mix of cold storage, which keeps Bitcoin offline for maximum security, and multi-signature systems that require more than one key to move funds.
The idea of a Strategic Bitcoin Reserve is modeled after the Strategic Petroleum Reserve, which holds oil as a national safeguard. If the U.S. creates such a reserve, custody becomes even more important. According to Coin Metrics, Bitcoin’s circulating supply is capped at 21 million, and over 19.7 million are already mined. That scarcity makes custody decisions a matter of both financial and geopolitical significance.
JUST IN: 🇺🇸 Congress introduces bill directing the Treasury to outline a plan to custody Bitcoin acquired by the Federal government, including BTC held in the Strategic Bitcoin Reserve 👀 pic.twitter.com/LXfonTNGey
— Bitcoin Magazine (@BitcoinMagazine) September 8, 2025
The U.S. is not alone in exploring national-level Bitcoin holdings. El Salvador made headlines in 2021 when it became the first country to adopt Bitcoin as legal tender and add it to its national balance sheet. While the scale is smaller than what the U.S. might consider, the move highlighted the strategic potential of Bitcoin reserves.
More About Bitcoin Adoption in the US
The 2025 Crypto Adoption Index has been released, revealing a shifting picture of global crypto adoption. India remains in the top spot for the second consecutive year, driven by strong activity across retail, DeFi, institutional, and centralized services.
The 2025 crypto adoption index just dropped. With the US suddenly claiming #2 – nearly solely due to large-scale institutional moves.
This year’s rankings reflect a more fragmented adoption landscape – shaped less by global trends and more by local drivers:
🇮🇳 India holds the… pic.twitter.com/yblJsRu7Mv
— Michał Moneta | michal.onchain 🔥 (@michmoneta) September 8, 2025
The bigger surprise is the United States jumping from fourth to second place, almost entirely because of large-scale institutional moves. Regulatory steps like the stablecoin bill and the approval of Bitcoin and Ethereum ETFs have fueled these inflows. However, retail adoption in the U.S. still lags, with the country ranking only tenth in that category.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies presented are the thoughts and opinions of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments; therefore, please conduct your due diligence. Copyright Altcoin Buzz Pte Ltd.
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