Rep Byron Donalds Pushes Bill To Protect Bitcoin Reserve From Future Governments: Explore Best Crypto To Buy!

SujonCrypto News6 hours ago5 Views


US Representative Byron Donalds is introducing a legislation to protect President Donald Trump’s strategic Bitcoin reserve from future Presidents and governments.

On 14 March 2025, Donalds introduced the bill intended to ensure that the crypto reserve remains intact regardless of future administrations.

A week ago, Trump signed an executive order to establish a strategic crypto reserve, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL) and Cardano (ADA). With the new legislation, Donalds is vying to protect Trump’s crypto-friendly policies.

According to a Bloomberg report, “passing the bill would ensure that the reserve and stockpile could not be eliminated by executive action from a future president, protecting the crypto-friendly policy that Trump embraced both on the 2024 campaign trail and in his second administration.”

EXPLORE: 10 Coins with High Returns: Crypto Forecast 2025

Will Donalds’ Bill Pass?

If passed, the bill would effectively lock in Trump’s pro-cryptocurrency stance beyond his presidency. 

Notably, the legislation faces procedural hurdles, requiring 60 votes in the Senate and a majority in the House to pass.

“For years, the Democrats waged war on crypto,” Donalds, the Florida Republican said. “Now is the time for Congressional Republicans to decisively end this war.”

Trump’s executive order directs the Treasury Department to manage a Bitcoin reserve using approximately 200,000 BTC currently in the government’s possession. The administration believes this reserve will increase in value over time, benefiting the government’s financial position without additional taxpayer costs.

EXPLORE: 10 Best AI Crypto Coins to Invest in 2025

Explore Best Crypto To Buy!

Given what’s on the table, smart investors are also diversifying in anticipation of a broader market recovery.

They are watching Solaxy, a new project that aims to launch the first layer-2 for Solana. Its smart contracts have been audited by Coinsult and proven secure.

By releasing an offchain platform using rollups, Solaxy developers aim to enhance scalability and efficiency, cementing Solana’s position as a hub for meme coins.

In January, after the release of TRUMP, one of the best Solana meme coins to buy, priority fees on Solana spiked as the network was overwhelmed by a surge in meme coin trading activity.

Solaxy will resolve this, improving Solana’s reliability by bundling transactions offchain and lowering fees.

In the ongoing presale, Solaxy has raised over $26 million. Each token is trading for $0.001662.

Stellar crypto has seen XLM price up 3% in 24 hours, outpacing Bitcoin and Ethereum. Solaxy (SOLX) has raised over $26 million in its presale

 

If you want to buy, you can do so directly from the homepage using USDT, ETH, or other tokens.

Alternatively, you can buy SOLX directly from Best Wallet. This is a popular option because the wallet is secure and easy to use.

Once you buy, you can stake and receive a 156% APY, effectively earning passive income before SOLX hits leading exchanges like Raydium.

VISIT SOLAXY HERE

Key Takeaways

  • Donalds’ push to codify the bill to preserve the Bitcoin reserve comes as he campaigns for Florida’s governorship in next year’s election. 

  •  Cryptocurrency has become a central pillar of the Florida Rep’s economic platform.

The post Rep Byron Donalds Pushes Bill To Protect Bitcoin Reserve From Future Governments: Explore Best Crypto To Buy! appeared first on 99Bitcoins.




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