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Proposed ARMA Bill Aims to Enshrine Strategic Bitcoin Reserve Into Law

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Decrypt Editorial

(06:08 PM UTC)

1 min read

Approved byJames Mitchell

1404 views

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In brief

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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