U.S. Congressman to Reintroduce Bitcoin Reserve Bill as ARMA

2026-04-28 02:41

U.S. Congressman Nick Begich plans to reintroduce a bill concerning Bitcoin as a strategic reserve asset in the coming weeks. The legislation, previously known as the BITCOIN Act, will be renamed the American Reserves Modernization Act (ARMA) to garner broader congressional support. The bill aims to establish Bitcoin as a strategic reserve asset for the United States and incorporate a previous executive order by Donald Trump for a permanent Bitcoin holding mechanism into law. The earlier version of the bill included a provision to acquire one million Bitcoins over five years in a budget-neutral manner. While Begich confirmed adjustments have been made to the new version, specific details have not been disclosed.

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