Proposed ARMA Bill Aims to Enshrine Strategic Bitcoin Reserve Into Law

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Decrypt Editorial

(06:08 PM UTC)

1 min read

Reps. Nick Begich (R-AK) and Jared Golden (D-ME) introduced the American Reserve Modernization Act.
The bill seeks formally codify a strategic Bitcoin reserve into federal law, which would be managed for at least 20 years.
Aimed at cementing a core Trump administration promise, the initiative has faced ongoing hurdles.

Rep. Nick Begich (R-AK) introduced legislation on Thursday aimed at…