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U.S. House Proposes 20-Year Holding Period for Strategic Bitcoin Reserve

GateNews
Geopolitics
BTC-0.41%
According to the U.S. House of Representatives, Rep. Nicholas Begich introduced H.R.8957 (American Reserve Modernization Act, ARMA) on May 21, which establishes a strategic Bitcoin reserve managed by the Treasury. The bill mandates a 20-year minimum holding period for Bitcoin obtained through criminal or civil forfeiture, with no sales or disposals permitted during that timeframe. The measure requires quarterly proof of reserve and independent third-party audits, and allows states to voluntarily deposit their Bitcoin holdings in separate federal accounts. Within 180 days, the Treasury and Commerce Department must jointly study budget-neutral pathways to increase Bitcoin holdings through asset conversion, forfeiture proceeds, voluntary donations, tax revenue, or Federal Reserve mechanisms.
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