ARMA

United States
2026-07-17 16:08:04

U.S. House hearing to take up strategic Bitcoin reserve bill today

Bitcoin News said in a post on X that a House field hearing on the CLARITY Act in New York will also examine H.R. 8957, the America’s Reserve Modernization Act, a proposal that would create a U.S. strategic Bitcoin reserve. The bill would authorize the Treasury Department to acquire Bitcoin through a budget-neutral mechanism rather than through new taxpayer spending. It also calls for regular audits, secure custody standards, and transparency around the government’s Bitcoin holdings. Supporters say ARMA would treat Bitcoin as a long-term strategic reserve asset alongside other national reserves. The hearing is primarily focused on how the CLARITY Act could unlock digital asset innovation, and ARMA’s inclusion on the agenda indicates that congressional discussions over a federal Bitcoin reserve are still moving forward.

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U.S. House hearing to take up strategic Bitcoin reserve bill today