- Bo Hines says he is confident the Bitcoin Reserve Act will be signed into law in 2025.
- The bill would codify a Strategic Bitcoin Reserve and set a multi-year purchase and reporting regime.
Bo Hines, the former executive director of the White House Crypto Council, said he is “very confident” a federal Bitcoin Reserve Act will be signed into law this year, adding momentum to a legislative push that has gathered pace through the summer of 2025. His remarks were shared widely after an on-camera discussion and amplified on X on August 26.
JUST IN: FORMER WHITE HOUSE CRYPTO DIRECTOR BO HINES IS CONFIDENT THE #BITCOIN RESERVE ACT WILL BE SIGNED INTO LAW "THIS YEAR"
2025 WILL BE A HISTORIC YEAR FOR BTC 🔥 pic.twitter.com/CQHtHhwZa2
— The Bitcoin Historian (@pete_rizzo_) August 26, 2025
Hines’ comments arrive a week after he left government and joined Tether as a strategic adviser for U.S. policy, underscoring his continued proximity to the rule-making agenda that now shapes digital-asset markets. Tether and subsequent wire reports confirmed his appointment on August 19.
White House executive order created a reserve and directed budget-neutral accumulation paths
The administration established a Strategic Bitcoin Reserve by executive order on March 6, instructing agencies to consolidate government-owned bitcoin and prohibiting routine sales of those holdings.
The order also directed Treasury and Commerce to evaluate “budget-neutral” ways to add to reserves, while creating a separate stockpile for non-bitcoin digital assets.
BITCOIN Act would formalize purchases, long holding periods, and public attestations
The Senate and House introduced companion BITCOIN Act bills on March 11 that would place the reserve on a statutory footing. The House version, H.R. 2032, directs Treasury to purchase 200,000 bitcoin per year for five years for a total of 1,000,000 bitcoin, to deposit all coins in the reserve, and to hold them for at least 20 years.
It further mandates a proof-of-reserve regime with quarterly cryptographic attestations and independent audits. The Senate bill, S. 954, mirrors the structure and remains before the Banking Committee.
Funding mechanics in the draft legislation include tapping a portion of Federal Reserve remittances to Treasury between fiscal years 2025 and 2029 and accounting changes to gold certificates held by the Federal Reserve System, with any excess applied to debt reduction.
These provisions aim to limit the need for direct appropriations while sequencing purchases to market conditions. Hines linked the reserve bill to a broader policy sequence following July’s enactment of the GENIUS Act, the federal framework for payment stablecoins.
He argued that market-structure legislation and the reserve statute are the next steps on the docket, and that White House support remains aligned with the budget-neutral accumulation approach outlined in March.
The timeline now hinges on committee markups and floor scheduling in both chambers before a reconciliation of any differences. As of August 27, the House and Senate bills are introduced and referred to committee, while the executive order continues to govern treatment of government-owned bitcoin pending any statutory changes.
At press time, Bitcoin (BTC) is trading at $111,283.00, reflecting an intraday gain of $1,337.00, or +1.22% over the previous close.
