US Eyes 2025 Passage of Bitcoin Reserve Act, Says Bo Hines
Bo Hines, former White House crypto director and now Tether Strategy Advisor, predicts the federal Bitcoin Reserve Act will pass by 2025. Speaking with CoinDesk, Hines said the US government is focused on budget-neutral ways to accumulate BTC, building on Trump’s GENIUS Act.
The Bitcoin Reserve Act (S.954/H.R.2032) aims to codify the March 2025 executive order that created the Strategic Bitcoin Reserve, banning the sale of seized BTC and authorizing further acquisitions. With both Senate and House bills in committee, Hines expects two major crypto laws—market structure reform and the Bitcoin Reserve Act—to be signed in 2025. Traders should monitor this legislative push, as a formal Strategic Bitcoin Reserve could boost demand, tighten supply, and reinforce US leadership in crypto.
Bullish
Formal codification of a Strategic Bitcoin Reserve signals US government support for BTC as a long-term asset. By prohibiting sales and authorizing budget-neutral purchases, the Bitcoin Reserve Act will likely tighten supply and increase institutional demand. Similar to past gold reserve policies, a statutory framework can boost market confidence and reduce volatility. Announcements around major crypto legislation have historically triggered bullish price movements, suggesting positive short- and long-term impacts.