Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
Gate Card
Rewards
Square
Latest
Hot
News
Profile

The U.S. Congress is again proposing the Bitcoin Reserve Act, with Republicans planning to push for accumulating 5% of Bitcoin globally.

MarsBitNews
robot
Abstract generation in progress
Mars Finance News: U.S. Republican lawmakers are accelerating the push for the new version of the ARMA Act legislation, hoping to have the bill signed into law while the Republicans still control both chambers of Congress. The bill advocates for the United States to establish a national-level Bitcoin reserve and plans to hold approximately 5% of the world's circulating Bitcoin supply long-term. According to market sources, within the Republican Party, there is an effort 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.
BTC0.39%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
Add a comment
Add a comment
GateUser-8acf43da
· 9h ago
Is the US government the world's largest BTC holder? This scene is too surreal.
View OriginalReply0
GateUser-04e4dac2
· 9h ago
Whether other countries follow or not is the real drama; the U.S. jumping ahead first is the anchor setting.
View OriginalReply1
DaoBackbencher
· 9h ago
If both chambers are secured, the progress will be much faster; the key depends on the midterm elections next year.
View OriginalReply1
CatUnderTheNeonBridge
· 9h ago
The four words "sovereign reserves" coming from a politician's mouth, times really have changed.
View OriginalReply1
GateUser-c25a653c
· 10h ago
How many billions is 5% of the circulating supply at the current price? Has anyone calculated it?
View OriginalReply1
TvlAt3A.m.
· 10h ago
The news sources from Mars Finance have been reliable, but the bill version number needs to be closely monitored.
View OriginalReply1
Post-RainCancellationAgent
· 10h ago
5% circulating supply? If that really happens, the market will go crazy.
View OriginalReply1
ApeWithHomework
· 10h ago
The name ARMA sounds like a weapon bill, with a commanding presence.
View OriginalReply1
NeonUmbrella
· 10h ago
From prohibition to reserve, a decade of cycle, holders are moved to tears.
View OriginalReply1
SlippageSigh
· 10h ago
Long-term holding = not selling, which is actually positive for selling pressure, but policy continuity is questionable.
View OriginalReply1
View More

  • Pinned

Sitemap