Article
US Lawmakers Renew Strategic Bitcoin Reserve Push With ARMA Bill
US Lawmakers Renew Strategic Bitcoin Reserve Push With ARMA Bill
Authored by Brayden Lindrea via CoinTelegraph.com,
US lawmakers have renewed efforts to codify a US strategic Bitcoin reserve with a new bipartisan bill on Thursday that seeks to acquire around 1 million Bitcoin over five years.
The American Reserve Modernization Act of 2026 would establish a Strategic Bitcoin (BTC) Reserve and Digital Asset Stockpile for other federally held cryptocurrencies, which would be held by the US Treasury Department, said the bill’s sponsor, Representative Nick Begich.
ARMA, sponsored by 16 members of Congress, builds on the...
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