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U.S. lawmakers introduce the "U.S. Reserve Modernization Act," proposing to include Bitcoin in at least 20 years of strategic reserves
Odaily Planet Daily News: U.S. Representative Nick Begich has proposed the "U.S. Reserve Modernization Act," which currently has 16 original co-sponsors.
The bill aims to establish a strategic Bitcoin reserve, integrating digital assets held by the federal government and locking Bitcoin as a long-term reserve asset for at least 20 years. The bill will also explore a budget-neutral Bitcoin purchasing strategy and prevent future governments or Congress from liquidating the related reserves.
Reports indicate that Trump previously established a strategic Bitcoin reserve through an executive order, and the bill aims to formally codify this arrangement into law. (Bitcoin News)