Rep. Begich introduces Bitcoin legislation to recognize its strategic importance to the US
Rep. Nick Begich has introduced the American Reserve Modernization Act, aiming to establish a Strategic Bitcoin Reserve under the US Treasury. This bipartisan effort seeks to consolidate federal Bitcoin holdings with a mandatory 20-year holding period. Proceeds from any future sales of the Bitcoin will be designated solely for reducing the national debt.
- ▪The American Reserve Modernization Act would create a Strategic Bitcoin Reserve managed by the US Department of the Treasury.
- ▪The bill has bipartisan support, with Rep. Jared Golden as a co-lead sponsor and 18 additional co-sponsors.
- ▪The legislation mandates a minimum 20-year holding period for any Bitcoin placed in the reserve.
Opening excerpt (first ~120 words) tap to expand
Rep. Begich introduces Bitcoin legislation to recognize its strategic importance to the US The American Reserve Modernization Act would create a Strategic Bitcoin Reserve under the Treasury with a 20-year mandatory holding period. Share Add us on Google by Editorial Team May. 21, 2026 (function () { var s = document.currentScript; var wrapper = s && s.closest ? s.closest('.cb-sevioads-inarticle') : null; var inMobile = wrapper && wrapper.closest('#mobile-articles'); var inDesktop = wrapper && wrapper.closest('#desktop-articles'); if (inMobile || inDesktop) { var isDesktopVp = window.matchMedia('(min-width: 768px)').matches; var matches = (inMobile && !isDesktopVp) || (inDesktop && isDesktopVp); if (!matches) { var sevioDiv = wrapper.querySelector('.sevioads'); if (sevioDiv)…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.
Discussion
0 commentsMore from Crypto Briefing
