The House Financial Services Committee approved the American Reserve Modernization Act of 2026 with a 28-21 vote. This legislation aims to formalize the Strategic Bitcoin Reserve, transitioning it from an executive order by the Trump administration into a permanent statutory framework.
Under the proposed act, the United States government would place its Bitcoin holdings into a secure reserve managed by the Treasury. The bill includes a strict mandate prohibiting the sale or use of these assets as collateral for a period of 20 years.
Market participants are monitoring the bill's progress through Congress to assess its influence on the cryptocurrency sector. Analysts are also tracking potential statements from the Federal Reserve and institutional investors regarding the long-term impact on Bitcoin scarcity.
