U.S. House committee reviews bill to create strategic Bitcoin reserve
U.S. House committee reviews bill to create strategic Bitcoin reserve
Updated at: September 16, 2026 at 02:15 AM
On September 16, 2026, the U.S.
House Financial Services Committee will review the American Reserve Modernization Act (ARMA).
This bill, introduced by Representative Nick Begich, aims to transform the current Strategic Bitcoin Reserve—initially established by executive order—into permanent federal law.
Unlike proposals that suggest buying Bitcoin, ARMA focuses on managing assets the government already holds, primarily those seized through forfeitures.
Supporters believe this framework offers transparency and protects taxpayer interests without new spending.
Conversely, critics worry about adding a volatile asset to the federal balance sheet, arguing that reserves should remain liquid.
Despite the upcoming review, the bill faces significant hurdles, with analysts estimating less than a 10% chance of passage before 2027 due to a crowded legislative calendar and limited political support.
The outcome remains uncertain, highlighting the ongoing debate over the government's role in digital asset management.
