The U.S. House of Representatives advances the "2026 Modernization of U.S. Reserves Act," proposing to include Bitcoin in reserves
2026-09-18 20:59:21
According to CoinMeta, the U.S. House Financial Services Committee advanced the "2026 Modernizing American Reserves Act" with 28 votes in favor and 21 against, proposing to incorporate strategic Bitcoin reserves into federal law and requiring the government to hold the acquired Bitcoins for at least 20 years. The act requires public proof of reserves, independent audits, and research on increasing Bitcoin holdings without increasing taxes, government borrowing, or the federal deficit. The bill still needs to be passed by both the House of Representatives and the Senate. arkham intelligence It is estimated that the U.S. government holds about 324,500 Bitcoins, valued at approximately $24.7 billion.
Source:Internet
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