The US House Financial Services Committee approved the Bitcoin reserve bill, known as the American Modernization Act (H.R. 8957), with a 28-21 vote. The bill aims to establish a clear framework for securing digital assets held by the federal government and protect financial sovereignty through self-custody. Despite this legislative progress, the bill's future is uncertain as Democrats, who largely oppose it, are predicted to regain control of the House in the November midterms, potentially stalling the bill's final passage. The bill also faces criticism from some Democrats who view it as benefiting crypto billionaires and political figures.
The US Bitcoin reserve bill is the story's subject, here is Pluang's market snapshot as of Sep 17, 2026 19:21 WIB: 44 of 50 major cryptocurrencies rose today. Kusama (KSM) gained 7.35% to Rp71.007 with 93% buy orders, Polkadot (DOT) rose 6.13% to Rp18.308 with 62% buy orders, while Zilliqa (ZIL) fell 6.60% to Rp51 with 38% sell orders.
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