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US Lawmakers Introduce New Bitcoin Reserve Bill

Cointelegraph
US lawmakers have introduced the American Reserve Modernization Act to establish a strategic Bitcoin reserve and manage federal digital asset holdings.

Summary

The American Reserve Modernization Act (ARMA) of 2026, introduced by Representative Nick Begich and 16 co-sponsors, aims to establish a formal US strategic Bitcoin reserve. The bill proposes acquiring 1 million Bitcoin over five years through budget-neutral strategies, while mandating a minimum 20-year holding period unless used to reduce national debt. By formalizing policy for the nation's existing holdings and future acquisitions, proponents argue the bill will strengthen US economic competitiveness, ensure legal soundess, and protect individual self-custody rights through improved transparency and audit requirements.

(Source:Cointelegraph)