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Proof of Reserves

Gate promises 100% proof of reserves

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2026-05-22 01:59:01

At least 20 years, this requires the resolve to endure two cycles of bull and bear markets.

View Original

MarsBitNews2026-05-22 01:35:29

American lawmakers introduce the "U.S. Reserve Modernization Act," proposing to lock Bitcoin as a long-term reserve asset for at least 20 years

According to Bitcoin News, U.S. Representative Nick Begich introduced the "U.S. Reserve Modernization Act," with 16 co-sponsors. The bill proposes establishing a strategic Bitcoin reserve, integrating federal digital assets and locking them for at least 20 years, exploring budget-neutral purchasing, and preventing future liquidation impacts. Media reports say the bill will make the reserve established by the Trump administration's executive order officially law.

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