← Back to KHAO

Donald Trump · Bitcoin · Federal Reserve (FED) · U.S. · U.S. Treasury ·

Proposed ARMA Bill Aims to Enshrine Strategic Bitcoin Reserve Into Law

2 min read

Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.

✓ KHAO Verified

Nick Begich (R-AK) introduced legislation on Thursday aimed at enshrining a strategic reserve for Bitcoin in federal law, seeking to cement one of President Donald Trump’s core campaign promises for digital asset holders ahead of the high-stakes U.S. midterm elections.

Key facts

Summary

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. The American Reserve Modernization Act, or ARMA, would direct the Treasury Department to create and maintain a reserve of the digital asset for a minimum of 20 years, while establishing a stockpile for other cryptocurrencies held by the government.

#Donald Trump #Bitcoin #Federal Reserve (FED) #U.S. #U.S. Treasury