Svmuu news – U.S. Representative Nick Begich has introduced the "American Reserve Modernization Act," which has garnered support from 16 original co-sponsors.
The bill proposes establishing a strategic Bitcoin reserve, consolidating digital assets held by the federal government, and locking Bitcoin as a long-term reserve asset for at least 20 years. It also calls for studying budget-neutral Bitcoin purchase strategies and preventing future administrations or Congress from liquidating the reserves in question.
Reports indicate that Trump had previously established a strategic Bitcoin reserve through an executive order, and this bill aims to formalize those arrangements into law. (Bitcoin News)
Faster global financial news!
US lawmaker introduces the "American Reserve Modernization Act," proposing to include Bitcoin in a strategic reserve for at least 20 years
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source：Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Aethir (ATH) Token Value Analysis: Decentralized Cloud Computing Project Potential and Risk Assessment
-
2
What is WKAI? Wrapped KardiaChain (WKAI) Project Analysis and Risk Warning
-
3
HYN (Hyperion) Analysis: Decentralized Map Project Status and Market Activity Review
-
4
Bitcoin rises above $77,000, bucking tech selloff driven by AI safety concerns and rising oil prices
-
5
NOAH Coin Analysis: Distinguishing Between Controversial Projects and Active Payment Infrastructure
-
6
RIKEN Coin Value Analysis: Numerous Projects Share the Same Name, What's Its Investment Potential?
-
7
FXBK Coin Analysis: What Is It? Is It Worth Investing In?
-
8
Guyana's President: Oil Revenue Surges Due to Iran Conflict
-
9
Cosco Shipping Heavy Industry Completes China IPO Guidance Registration
-
10
Beginner's Guide to Bitcoin Trading: A Comprehensive Analysis of Security Risks and Prevention Strategies
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
