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US House Considers Strategic Bitcoin Reserve Legislation

Guavy AI Editorial Team
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BTC
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The US House Financial Services Committee is considering legislation to create a Strategic Bitcoin Reserve and a Digital Asset Stockpile within the US Department of the Treasury. H.R. 8957, the American Reserve Modernization Act of 2026, aims to bring federally held Bitcoin and other digital assets under Treasury custody for enhanced security, transparency, and accountability.

The proposed bill would cover Bitcoin and other digital assets acquired through criminal or civil forfeiture. Chairman French Hill stated the measure's goal is to strengthen oversight across federal agencies by bringing these assets under a single entity with consistent oversight.

The markup includes multiple measures, covering consumer financial protections, fraud prevention, bank lending rules, CFPB accountability, and housing. This is a developing story.

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