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4 clusters · 19 sources · 7 days · First seen · Last updated

U.S. cryptocurrency and Bitcoin reserve legislation

Overview

U.S. House committees have advanced two pieces of legislation aimed at regulating and formalizing the role of digital assets within the federal government. The American Reserve Modernization Act of 2026 (H.R. 8957) passed the House Committee on Financial Services with a 28–21 vote. This bill seeks to establish a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile within the Department of the Treasury. Under the proposal, Bitcoin acquired through civil or criminal forfeiture would be held in federal custody for at least 20 years. The stockpile would also include other digital assets such as XRP, SOL, and ADA. To ensure transparency, the bill mandates quarterly ‘proof of reserve’ reporting and third-party audits, requiring federal agencies to report all currently held digital assets within 60 days of enactment. The measure now moves forward for consideration by the full House. In a subsequent development, the House Financial Services Committee passed the ‘American Reserve Modernization Act’, a move that has revitalized interest in establishing a Bitcoin strategic reserve. The bill proposes that the U.S. Treasury incorporate a significant portion of the government’s approximately 325,000 Bitcoin—largely acquired through criminal and civil forfeitures—into a strategic reserve for a minimum of 20 years. The legislation also mandates quarterly audited reports to confirm government holdings and calls for research into acquiring more Bitcoin without increasing the national deficit. Additionally, the House Ways and Means Committee approved the Digital Asset Tax Certainty Act (H.R. 10357) in a 38–5 vote. This legislation aims to provide tax clarity by exempting gain or loss recognition for qualified network or transaction fees of $10 or less for transactions occurring after December 31, 2027. Committee Chairman Rep.

Entities

Donald Trump · U.S. Department of the Treasury · Nick Begich · U.S. House of Representatives · Jason Smith

Timeline

  1. about 12 hours ago

    [BUSINESS] 4 sources
    U.S. House Committee passes bill for Bitcoin strategic reserve

    The U.S. House Financial Services Committee passed a bill to create a Bitcoin strategic reserve, driving interest in digital assets like Zcash, which saw a 10% price surge.

  2. about 13 hours ago

    [POLITICS] 2 sources
    U.S. House Committee approves digital asset tax legislation

    The U.S. House Ways and Means Committee passed the Digital Asset Tax Certainty Act in a bipartisan vote to modernize tax rules for cryptocurrency, mining, and staking.

  3. 4 days ago

    [POLITICS] 3 sources
    House Committee advances US Bitcoin Reserve and digital asset bill

    The House Financial Services Committee advanced H.R. 8957, a bill to establish a Strategic Bitcoin Reserve and a Digital Asset Stockpile, requiring a 20-year hold on federal Bitcoin holdings.

  4. 7 days ago

    [POLITICS] 10 sources
    U.S. House committees advance Bitcoin reserve and crypto tax reform bills

    U.S. House committees have advanced two major crypto bills: one to establish a strategic Bitcoin reserve held for 20 years, and another to provide tax relief on small transaction fees under $10.

Sources

ambcrypto.com · bitcoinbazis.hu · blocktempo.com · coinchoice.net · coincu.com · cointelegraph.com · criptotendencias.com · cryptobreaking.com · it-boltwise.de · justthenews.com · kriptohaber.com.tr · merca2.es · news.bitcoin.com · offthepress.com · portaldobitcoin.uol.com.br · timestabloid.com · tokenpost.com · tronweekly.com · zombit.info

This summary has been updated 2 times: see revision history