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The U.S. Congress is again pushing the Bitcoin Reserve Act, with Republicans proposing to accumulate 5% of Bitcoin globally.

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Odaily Planet Daily News: U.S. Republican lawmakers are accelerating efforts to promote the new version of the ARMA Act legislation, hoping to have the bill signed into law while Republicans still control both chambers of Congress. The bill advocates for the United States to establish a national Bitcoin reserve and plans to hold approximately 5% of the global circulating Bitcoin supply long-term. Reports indicate that within the Republican Party, there is an attempt to elevate Bitcoin strategic reserves to the level of national financial and geopolitical competition, believing that the U.S. should take a leading position in the global digital asset system. If the bill is ultimately passed, the U.S. government could become one of the largest Bitcoin holders in the world, further strengthening the narrative of BTC as "digital gold" and a sovereign reserve asset. (Bitcoin News)
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