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Naples Standard

Monday, March 17, 2025

Byron Donalds promotes crypto legislation amidst past Democratic opposition

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Byron Donalds U.S. House of Representatives from Florida's 19th district | Official U.S. House Headshot

Byron Donalds U.S. House of Representatives from Florida's 19th district | Official U.S. House Headshot

Congressman Byron Donalds, representing Florida's 19th district, has taken to social media to discuss his legislative efforts and the broader implications for financial technology in the United States. His recent tweets highlight initiatives aimed at positioning America as a leader in cryptocurrency.

On March 14, 2025, Congressman Donalds tweeted about the growth and prosperity seen in Florida due to innovation in financial technology. He stated that "@POTUS has pledged to make America the crypto capital of the world and codifying this important policy win for America into law will do just that."

In another tweet on the same day, he addressed what he described as a historical opposition from Democrats towards cryptocurrency. He urged Congressional Republicans to end this conflict by supporting his proposed legislation. He announced, "My bill, 'The Reserve & Stockpile Act' cements @POTUS's EO establishing a Strategic Bitcoin Reserve & Digital Asset Stockpile INTO LAW."

Further detailing his legislative proposal, Donalds shared links for public access to the bill text and President Trump's Executive Order related to digital assets. On March 14, 2025, he invited followers to "Read the bill text of the Donalds 'The Reserve & Stockpile Act' here or below: https://t.co/MLM24Q43l8".