The US House Financial Services Committee will consider the American Reserve Modernization Act (ARMA) of 2026 on September 16, which proposes creating a strategic Bitcoin reserve. The bill aims to hold Bitcoin for at least 20 years and use future sales to reduce national debt, formalizing government management of digital assets seized from criminal cases. Despite holding 328,000 BTC, the US faces competition from other countries accumulating Bitcoin as a digital asset. However, due to a tight Congressional calendar and low political momentum, the bill's chances of passing before 2027 remain below 10%.
The US Bitcoin reserve bill faces low odds in Congress, with a chance below 10%, as of Sep 16, 2026 03:28 WIB. For readers following cryptocurrency market activity, here is Pluang's market snapshot as of Sep 16, 2026 03:28 WIB: out of 50 major cryptocurrencies priced on Pluang, 4 rose and 45 fell today. Notable movers include FIL (Filecoin) down 15.30%, XRP (Ripple) down 13.89%, and BAL (Balancer) up 11.14%.
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