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2026-06-06 06:47:33 UTC

Blockchain Report on Nostr: US Congress introduces ARMA Act (H.R.8957). Bipartisan bill by Reps. Begich (R) & ...

US Congress introduces ARMA Act (H.R.8957). Bipartisan bill by Reps. Begich (R) & Golden (D) aims to create legal framework for national strategic Bitcoin reserves.

Key provisions:
- Treasury to manage digital assets held by federal agencies.
- Segregation of Bitcoin reserves.
- MINIMUM 20-year ban on selling these Bitcoin reserves.
- Mandates independent audits & quarterly reserve reporting.

Significant move to formally integrate & secure Bitcoin as a US strategic asset.

#bitcoin #ARMAAct #USCongress #crypto #regulation