Proposed ARMA Bill Aims to Enshrine Strategic Bitcoin Reserve Into Law

Decrypt05-21 18:08

In brief Reps. Nick Begich (R-AK) and Jared Golden (D-ME) introduced the American Reserve Modernization Act. The bill seeks formally codify a strategic Bitcoin reserve into federal law, which would be...

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Nick Begich (R-AK) and Jared Golden (D-ME) introduced the American Reserve Modernization Act.\nThe bill seeks formally codify a strategic Bitcoin reserve into federal law, which would be...</p>\n\n<a href=\"https://decrypt.co//368662/proposed-arma-bill-aims-enshrine-strategic-bitcoin-reserve-law\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HODL","symbol_name":"比特币ETF-VanEck","start_time":0,"source_url":"https://decrypt.co//368662/proposed-arma-bill-aims-enshrine-strategic-bitcoin-reserve-law","article_id":"2637313356","we_media_id":null,"thumbnails":["https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2025/05/Bitcoin-America-decrypt-style-01-gID_7.png@webp"],"rights":{"source":"decrypt_highlight","url":"https://decrypt.co//368662/proposed-arma-bill-aims-enshrine-strategic-bitcoin-reserve-law","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2637313356","pubTimestamp":1779358129,"columns":[],"sourceInfo":{"source_id":"decrypt_highlight","name":"Decrypt"},"weMediaInfo":null,"summary":"The American Reserve Modernization Act would direct the Treasury to create and maintain a Bitcoin reserve for a minimum of 20 years.","collect":0,"end_time":0,"defaultTopTitle":"decrypt.co","property":[],"viewcount":null,"language":"en","relate_stocks":{"HODL":"比特币ETF-VanEck","CBXY":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - July","BTRN":"比特币期货ETF-Global X","BITU":"2倍做多比特币期货ETF-Proshares","BTCW":"比特币ETF-Wisdom Tree","CBOY":"Calamos Bitcoin Structured Alt Protection ETF - July","EZBC":"比特币ETF-Franklin","CBTA":"Calamos Bitcoin 80 Series Structured Alt Protection ETF – April","FBTC":"比特币ETF-Fidelity","BFAP":"FT Vest Bitcoin Strategy Floor15 ETF - April","BITX":"2倍比特币期货ETF-Volatility Shares","CBOA":"Calamos Bitcoin Structured Alt Protection ETF - April","DFII":"FT Cboe Vest Bitcoin Strategy & Target Income ETF","CBTJ":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - January","CBXO":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - October","CBOJ":"Calamos Bitcoin Structured Alt Protection ETF - January","BITY":"Amplify Bitcoin 2% Monthly Option Income ETF","DEFI":"比特币期货ETF-Hashdex","IBIT":"比特币ETF-iShares","BITB":"比特币ETF-Bitwise","CBTO":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - October","BTF":"比特币&以太币期货ETF-CoinShares","BCCC":"Global X Bitcoin Covered Call ETF","BTC":"Grayscale Bitcoin Mini Trust","XBTY":"GraniteShares YieldBOOST Bitcoin ETF","CBTY":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - July","BTFX":"比特币期货ETF-CoinShares","BITI":"1倍做空比特币期货ETF-Proshares","CBOO":"Calamos Bitcoin Structured Alt Protection ETF - October","BTCC":"Grayscale Bitcoin Covered Call ETF","BRRR":"比特币ETF-CoinShares","CBXA":"Calamos Bitcoin 90 Series Structured Alt Protection ETF – April","YBTC":"比特币看涨期权ETF-Roundhill","MAXI":"比特币期货ETF-Simplify","SBIT":"2倍做空比特币期货ETF-Proshares","GBTC":"比特币ETF-Grayscale","ARKB":"比特币ETF-21Shares","BTCI":"NEOS Bitcoin High Income ETF","BAGY":"Amplify Bitcoin Max Income Covered Call ETF","CBXJ":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - January","BITO":"比特币期货ETF-ProShares","BETE":"等权重比特币&以太币期货ETF-ProShares","BPI":"Grayscale Bitcoin Premium Income ETF","BTCL":"T-REX 2X LONG BITCOIN DAILY TARGET ETF","MNRS":"GRAYSCALE BITCOIN MINERS ETF","BETH":"比特币&以太币期货ETF-ProShares","QBF":"Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly","BTCO":"比特币ETF-Invesco Galaxy"},"translate_title":"拟议的ARMA法案旨在将战略比特币储备纳入法律","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EZBC":0.6,"BTCW":0.6,"BFAP":0.6,"BTCO":0.6,"BCCC":0.6,"CBTO":0.6,"QBF":0.6,"BTCL":0.6,"CBOJ":0.6,"CBTJ":0.6,"IBIT":0.6,"MNRS":0.6,"YBTC":0.6,"BTRN":0.6,"BITO":0.6,"BITX":0.6,"BITB":0.6,"ARKB":0.6,"BTCC":0.6,"BITU":0.6,"BRRR":0.6,"CBOA":0.6,"BTCI":0.6,"HODL":0.6,"BITY":0.6,"DEFI":0.6,"BTC":0.6,"BETE":0.6,"DFII":0.6,"XBTY":0.6,"MAXI":0.6,"BTF":0.6,"BPI":0.6,"CBXA":0.6,"SBIT":0.6,"CBTA":0.6,"BAGY":0.6,"BETH":0.6,"CBTY":0.6,"CBXY":0.6,"BTFX":0.6,"BITI":0.6,"CBXO":0.6,"FBTC":0.6,"GBTC":0.6,"CBOY":0.6,"CBOO":0.6,"CBXJ":0.6},"content_text":"In brief\nReps. Nick Begich (R-AK) and Jared Golden (D-ME) introduced the American Reserve Modernization Act.\nThe bill seeks formally codify a strategic Bitcoin reserve into federal law, which would be managed for at least 20 years.\nAimed at cementing a core Trump administration promise, the initiative has faced ongoing hurdles.\nRep. Nick Begich (R-AK) introduced legislation on Thursday aimed at enshrining a strategic reserve for Bitcoin in federal law, seeking to cement one of President Donald Trump’s core campaign promises for digital asset holders ahead of the high-stakes U.S. midterm elections.The American Reserve Modernization Act, or ARMA, would direct the Treasury Department to create and maintain a reserve of the digital asset for a minimum of 20 years, while establishing a stockpile for other cryptocurrencies held by the government.The legislation also mandates the consolidation of what is believed to be billions of dollars in digital assets held across federal agencies—attained through actions like forfeitures and penalties—while providing transparency through a proof-of-reserve report.As of last month, the strategic reserve for Bitcoin that Trump created via executive order is still a work in progress. At a conference in Las Vegas, Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, said the current administration has spent months “figuring out” the legal interpretations associated with the initiative.\nAmerica’s reserves balance sheet is a critical component of our nation’s insurance policy, bolstering our currency and providing assurance during times of uncertainty. Over time, the prevailing sentiment as to what constitutes a durable store of value can shift, and as such it is… pic.twitter.com/7XfBwAWFGi\n— Congressman Nick Begich (@RepNickBegich) May 21, 2026Joining Begich as the bill’s primary Democratic co-lead is Rep. Jared Golden (D-ME). The ARMA Act meanwhile counts 17 original co-sponsors, including Rep. Mike Collins (R-GA), among the first lawmakers to disclose an investment in a meme coin on Capitol Hill.“Administrations have auctioned [crypto] off or held it in reserve, according to the whims of the executive branch,” Golden said in a statement, noting that a stockpile created under the ARMA Act would enjoy the “weight of law.”Although a former administration official had said that the White House was eager to purchase as much Bitcoin as possible in a “budget-neutral way,” Treasury Secretary Scott Bessent later dented enthusiasm by ruling out any agency purchases.The bill is aimed at providing the flexibility needed to broaden America’s portfolio of reserve assets that effectively serve as insurance policy, while also safeguarding crypto from “the whims of Congress or future administrations,” Begich said in an X post on Thursday.Established in May 2025 with a stroke of the president’s pen, the strategic reserve for Bitcoin was swiftly skewered by critics, including Rep. Maxine Waters (D-CA), the ranking member of the House Financial Services Committee, who warned of benefits for Trump insiders.“Typically, when the government holds strategic reserves, it is for an essential input that powers the U.S. economy and day-to-day life for American families,” she said. “Crypto, however, does not fall into these categories, because it has no inherent value.”Although the much-hyped stockpile’s creation represented a symbolic win for the digital assets industry, the government has yet to announce any allocations. Last year, Sen. Cynthia Lummis (R-WY) re-introduced the BITCOIN Act, a bill that directs the Treasury to purchase 1 million Bitcoin over five years in a way that seeks to avoid taxing citizens.Decrypt has reached out to Begich and Golden for comment.Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.Your EmailGet it!Get it!","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"policyRegulatory","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2637313356","isCrawlerRequest":true}