Florida Congressman Advocates for Bitcoin in Government Reserves
Byron Donalds supports bitcoin adoption by governments while opposing a Fed-issued digital currency.
Byron Donalds supports bitcoin adoption by governments while opposing a Fed-issued digital currency. Bitcoin (BTC) is trading at $80,573.00, down 0.6% since this brief published. This is an original TLT brief based on reporting by Bitcoin.com, with live market data added, as of Sat, 24 Oct 2026 00:45:02 UTC.
The call for governments to hold bitcoin highlights growing mainstream political acceptance of cryptocurrency as a strategic asset, potentially influencing future regulatory and investment decisions.
- Donalds advocates for governments to hold bitcoin as a strategic reserve.
- He opposes a digital currency issued by the Federal Reserve.
- Donalds questions federal agencies' ability to regulate crypto markets effectively.
In an interview with 
Bitcoin.com News, Florida Congressman Byron Donalds discussed his views on cryptocurrency, emphasizing the potential benefits of governments holding bitcoin as a strategic reserve. This perspective underscores the growing recognition of bitcoin's value as a national asset.
Donalds also expressed his opposition to the creation of a digital currency by the Federal Reserve, suggesting concerns about centralized control and potential implications for financial privacy and autonomy.
The Congressman's remarks come at a time when the cryptocurrency market is experiencing relative stability, with Bitcoin trading at $81,099 and a total market cap of $2.78 trillion. The market's neutral sentiment, as indicated by a Fear & Greed index of 51, suggests a cautious optimism among investors.
Donalds' stance on bitcoin and digital currencies reflects broader debates within the U.S. government about the role of cryptocurrencies in the national economy and financial system. His views could influence future policy discussions and decisions.
The Congressman is currently in a gubernatorial race against former representative David Jolly, adding a political dimension to his advocacy for cryptocurrency adoption.
Since this brief published about 44 minutes ago, Bitcoin (BTC) has moved from $81,099.00 to $80,573.00 — -0.65%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution; intraday detail builds over the first day). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₦111.36M (about $80,573.00), down 0.9% over 24 hours. The naira itself trades about 3.9% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Florida Congressman Advocates for Bitcoin in Government Rese — questions & answers
What is Byron Donalds' position on government-held bitcoin?
Donalds supports the idea of governments holding bitcoin as a strategic reserve.
Why does Donalds oppose a Fed-issued digital currency?
He has concerns about centralized control and potential impacts on financial privacy.
How does Donalds view federal regulation of crypto markets?
He doubts federal agencies can effectively regulate the fast-evolving crypto markets.
How much is 1 Bitcoin worth in naira today?
About ₦111.36M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $80,573.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.65% since this brief first published — trading at $80,573.00 now versus $81,099.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Bitcoin.com. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.