Congress Introduces 'Bitcoin for America Act' Allowing Tax Payments in BTC
On Dec 14, 2025, Congress introduced the "Bitcoin for America Act," a bill that would permit federal tax payments in bitcoin and direct the Treasury to establish a national strategic bitcoin reserve. The proposal immediately triggered a fresh demand surge for BTC as traders and some institutional desks priced in potential new sources of sovereign buying and clearer government engagement with crypto.
If enacted, the measure could accelerate institutional adoption by forcing development of official custody, accounting and settlement frameworks for bitcoin, but it also raises practical questions around volatility management, tax accounting, AML compliance and reserve custody. Markets welcomed the clarity in principle, yet the bill still faces legislative debate and implementation hurdles; whether this translates into sustained price support will depend on passage, Treasury rules and how regulators address the operational risks.