US Congressman’s ARMA Bill Would Codify 20-Year Strategic Bitcoin Reserve
Rep. Nick Begich launched the American Reserve Modernization Act (ARMA) within the House on Thursday, a invoice that may codify the US Strategic Bitcoin Reserve into everlasting federal legislation.
The Alaska Republican introduced the laws ahead with 16 authentic cosponsors. ARMA would lock federally held bitcoin (BTC) for at the very least 20 years and require budget-neutral acquisitions.
What the ARMA Bill Changes
ARMA builds on the earlier BITCOIN Act framework and seeks to place President Donald Trump’s March 2025 executive order on a statutory footing. Statutes outlast govt orders, which any future administration can rescind.
Meanwhile, the invoice authorizes the Treasury to accumulate as much as 200,000 BTC per yr for 5 years, focusing on a one-million-coin reserve.
Acquisitions should keep away from new taxpayer spending, echoing earlier gold-sale funding proposals tied to Senator Cynthia Lummis (R-WY).
The 20-year maintain applies to all federally managed bitcoin, together with roughly 198,000 to 328,000 BTC the federal government gathered via prison forfeitures such because the Silk Road and Bitfinex hack instances.
The Bitcoin Policy Institute has endorsed the package deal as a step towards professionalizing federal custody. Notably, the group framed the invoice as a turning level for the strategic Bitcoin reserve concept.
ARMA … would put the US Strategic Bitcoin Reserve on everlasting authorized footing: requiring 20 yr long-term Bitcoin holdings, budget-neutral acquisition methods, and federal custody requirements,” they wrote.
Committee hearings within the coming weeks will sign how shortly ARMA can advance.
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