todayonchain.com

US lawmakers push new Strategic Bitcoin Reserve act to secure $25 billion federal stash

CryptoSlate
Lawmakers have introduced the American Reserve Modernization Act to consolidate federal Bitcoin holdings into a secure, 20-year strategic reserve.

Summary

Representative Nick Begich has introduced the American Reserve Modernization Act (ARMA) of 2026, which aims to establish a formal strategic Bitcoin reserve and a separate stockpile for other digital assets held by the US government. The legislation seeks to manage the current federal stash of over 328,000 Bitcoin—valued at approximately $25 billion—by mandating a 20-year holding period, increasing transparency through "Proof of Reserve" reporting, and protecting individual self-custody rights. The bill is part of a broader shift in Washington toward pro-crypto policies, building on previous initiatives like Senator Cynthia Lummis's BITCOIN Act.

(Source:CryptoSlate)