On May 22, U.S. Representative Nick Begich officially introduced the "American Reserve Modernization Act" (ARMA), supported by 16 co-sponsors. The bill aims to formally legislate the strategic Bitcoin reserve established by Trump through an executive order, integrate digital assets held by the federal government, lock in a long-term reserve of at least 20 years, explore budget-neutral Bitcoin procurement, and establish a reserve mechanism to prevent future governments or Congress from arbitrarily liquidating it.

BlockBeatNews

2026-05-22 01:13:28

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BlockBeats News, May 22 — U.S. Representative Nick Begich officially introduced the "U.S. Reserve Modernization Act" (ARMA), which has received support from 16 original co-sponsors. The bill aims to formally codify into law the strategic Bitcoin reserve previously established by Trump through an executive order. ARMA will establish a strategic Bitcoin reserve, integrate all digital assets held by the federal government, and lock them in as long-term reserves for at least 20 years, while exploring budget-neutral Bitcoin acquisition methods and designing mechanisms to protect the reserve from future government or congressional arbitrary liquidation.

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SilverCubeInsomnia

· 4h ago

The name Nick Begich sounds a bit familiar, the family from Alaska?

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ReflectionsOnTheStreetCorner

· 4h ago

Integrating Federal Digital Assets — The coins seized by the IRS finally have a destination

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ExitLiquidityPoet

· 4h ago

Preventing arbitrary liquidation is crucial; otherwise, the next government could sell it off with just one word.

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Half-UnderstoodZk

· 4h ago

Are there 16 joint proposers, with members from both parties or solely from the Republican Party?

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VinesCoiledIntoGeometricShapes

· 4h ago

How to operate budget-neutral procurement? Selling gold to exchange for BTC?

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DustCollector

· 4h ago

20 years of locking in, this time span is longer than many people's crypto trading careers

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American lawmakers introduce the "U.S. Reserve Modernization Act" aiming to officially codify strategic Bitcoin reserves into law

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