Crypto
US Bitcoin Reserve Bill Scheduled for Markup Session
The US Bitcoin Reserve Bill, also known as H.R. 8957, is set to reach the House Financial Services Committee on September 16 for a markup session.
The bill would establish a statutory Strategic Bitcoin Reserve within the Treasury Department and require it to maintain a Bitcoin reserve for at least 20 years without selling or disposing of the holdings.
Rep. Nick Begich introduced the bill, which is co-led by Rep. Jared Golden, in May with the aim of bringing federal digital asset holdings under a clearer statutory framework.