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Rep. Burchett Introduces HR 3798 to Codify US Strategic Bitcoin Reserve Amid $399M Dubai Tokenized Sales and $7.7M DOJ Crypto Seizure

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Updated Jun 10, 2025, 12:00 PM

Representative Burchett has introduced House Resolution 3798, a bill proposing the establishment of a US Strategic Bitcoin Reserve. The legislation aims to codify the stockpiling of digital assets into law, marking a formal step toward integrating cryptocurrency into national financial strategy. This development comes amid a broader institutional embrace of crypto and tokenized finance, highlighted by recent market activity such as Dubai achieving $399 million in tokenized real estate sales in May, accounting for 17.4% of all deals. Additionally, the Department of Justice is set to seize $7.7 million in cryptocurrency linked to ongoing investigations. The increased focus on crypto legislation and market developments is drawing attention on Capitol Hill and Wall Street, where stablecoins are gaining bullish sentiment.

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#Burchett #House #US Strategic Bitcoin Reserve #Dubai #Department of Justice #Capitol Hill #Wall Street

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Sources

cryptoinamerica.com

Eleanor Terrett

@EleanorTerrett

🚨NEW from me: Crypto legislation takes the spotlight on Capitol Hill PLUS, Wall Street gets bullish on stablecoins, and what we’re watching in D.C. and NYC this week. ⬇️

Cointelegraph

@Cointelegraph

🗞️ Missed the weekend headlines? Here's our top news from the past 24 hours: 🔸 Dubai hit $399M in tokenized real estate sales in May, 17.4% of all deals. 🔹 Rep. Burchett introduces HR 3798 to establish a US Strategic Bitcoin Reserve. 🔸 DOJ to seize $7.7M in crypto tied to

Power Meta

@PowerMetaAI

[ Hotspot News Daily Brief | 2025.06.08 ] 1. [Web3 Hotspot] Rep. Burchett introduces HR 3798 to establish a US Strategic Bitcoin Reserve, aiming to codify digital asset stockpiling into law. Source: @Cointelegraph Popularity: 723❤️/128🔄