Trump supports the Bitcoin Act, and the US government will push digital asset legislation into the fast lane

At the "Bitcoin 2025" conference held in Nevada recently, U.S. Senator Cynthia Lummis of Wyoming publicly stated that President Donald Trump has clearly supported her reintroduced "Bitcoin Act" and is setting up an expert team in the White House to prepare to launch a package of digital asset legislation in the coming weeks, covering multiple dimensions such as stablecoins, market structure and Bitcoin strategic reserves.

The core content of the "Bitcoin Act": Purchase 1 million Bitcoins within five years

The bill was resubmitted by Senator Lummis in March this year and is one of the most ambitious digital currency strategic plans in the United States to date. The core content includes:

The federal government will purchase 1 million Bitcoins in stages within five years

The funds will come from the existing assets of the Federal Reserve and the Treasury Department, without the need for new taxes or fiscal deficits

Establish a national-level Bitcoin strategic reserve mechanism

According to Lummis, the bill has received full support from the Trump administration, which has promised to make acquisitions in a "budget-neutral" manner to ensure that no new fiscal burden is imposed on taxpayers

The Trump administration will form an expert group to promote legislation for a comprehensive digital asset framework

According to Lummis, the Trump administration has now established a "Digital Asset Working Group" within the White House to specifically study:

Stablecoin issuance and regulatory path

Digital asset market structure reform

Bitcoin national strategic reserves and asset allocation

"They may advance legislation in this order," Lummis said at the meeting. She added, "President Trump supports the bill, which has played a vital role in our bipartisan consensus."

The Stablecoin Bill has passed the Senate Banking Committee, and the congressional vote is approaching

In addition to the Bitcoin Act, Lummis also revealed that the Stablecoin Regulatory Bill has been passed by the Senate Banking Committee and is scheduled to be submitted for a vote before the summer recess of Congress.

"We have repeatedly communicated with the Senate minority party and made a number of adjustments to the bill text to gain bipartisan consensus," Lummis pointed out, "We expect to vote formally a week before the congressional recess."

The Stablecoin Bill is regarded as an important policy document for the Federal Reserve and the Treasury Department to strengthen supervision of private stablecoin issuers and clarify the role positioning of banks and non-banks, which may have a profound impact on mainstream stablecoins such as USDC, PYUSD, and USDT.

Policy impact: Bitcoin's "nationalization" agenda enters the actual promotion stage

The market generally believes that the advancement of the "Bitcoin Act" marks the first time that the United States has included Bitcoin in its national strategic asset allocation considerations, and may have a demonstration effect on the global central bank's reserve structure and digital sovereign asset strategy.

If the Trump administration completes legislation and implements the purchase plan during its future term, the United States may become the first major economy to systematically establish Bitcoin reserves after El Salvador.

Bitcoin prices rose in the short term after the release of relevant news, and institutional investors' attention has increased significantly.