U.S. House Committee Advances Bill to Establish Strategic Bitcoin Reserve
The U.S. House Committee on Financial Services has advanced the American Reserve Modernization Act (ARMA) of 2026, a bill aimed at codifying President Trump’s executive order establishing a Strategic Bitcoin Reserve and Digital Asset Stockpile into law. If passed, ARMA would require the government to hold its existing $25 billion worth of Bitcoin in reserve for at least two decades. It also mandates transparency through proof-of-reserve reports and explores budget-neutral methods to expand holdings. The bill is backed by crypto advocates who argue it reduces cybersecurity risks and improves accountability. While supporters see long-term benefits from a transparent, institutional buyer of Bitcoin, the path forward remains uncertain due to partisan divides in Congress and potential shifts following midterms.
Tickers: $BTC
Topics: Bitcoin legislation Strategic Reserve U.S. government