Proposed ARMA Bill Seeks to Make Strategic Bitcoin Reserve Law
The American Reserve Modernization Act would require the US Treasury to create and maintain a strategic Bitcoin reserve for at least 20 years, potentially cementing crypto as a national asset.
A new bill introduced in the US Congress, the American Reserve Modernization Act (ARMA), would mandate the Treasury Department to establish and hold a strategic Bitcoin reserve for a minimum of 20 years.
The ARMA bill directs the Treasury to create a Bitcoin reserve and maintain it for at least two decades, signaling a potential shift in how the US government views digital assets. If passed, the legislation would require the government to acquire and hold Bitcoin as a strategic asset, similar to gold or foreign currency reserves. The bill does not specify the amount of Bitcoin to be held, but it marks the first time a US law would explicitly mandate a crypto reserve.
For cryptocurrency traders, this development is significant because it could establish Bitcoin as a legitimate reserve asset alongside traditional stores of value. A government-mandated Bitcoin reserve would create a long-term buyer, potentially reducing selling pressure and increasing confidence among institutional investors. Live crypto prices and charts on NowPrice show how the market is reacting to this news, with Bitcoin and other digital assets experiencing increased volatility as traders assess the implications.
Market participants will watch for the bill's progress through Congress and any amendments that could alter its scope. If the ARMA gains bipartisan support, it could accelerate adoption of Bitcoin by other sovereign entities. Conversely, opposition may slow momentum, but the mere introduction of such legislation underscores Bitcoin's growing acceptance in mainstream policy circles.