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US bill proposes 20-year lock on federal Bitcoin reserve and yearly BTC purchases to reach 1M coins.

Market News
21 May 2026
BeInCrypto
View Source
Bullish
pluang ai news

Rep. Nick Begich introduced the American Reserve Modernization Act (ARMA) to legally establish a US Strategic Bitcoin Reserve, locking federally held Bitcoin for at least 20 years. The bill allows the Treasury to buy up to 200,000 BTC annually for five years, aiming for a one-million-coin reserve without new taxpayer spending. This move builds on previous efforts and aims to provide long-term stability and federal custody standards for Bitcoin holdings. Upcoming committee hearings will determine the bill's progress in Congress.

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