Rep. Nick Begich Plans to Reintroduce U.S. "Strategic Bitcoin Reserve" Bill as "American Reserves Modernization Act"

Rep. Nick Begich said he will reintroduce legislation to create a U.S. Strategic Bitcoin Reserve, updating the proposal under a new name: the "American Reserves Modernization Act." The bill, expected to be formalised in the coming weeks, would designate $BTC as a strategic sovereign asset to be held in the national treasury. The renewed effort comes as pro-crypto advocates intensify calls for "Regulatory Clarity" around federal custody of digital assets. Supporters frame the measure as a way to modernize the U.S. balance sheet and strengthen competitiveness as global powers evaluate digitally scarce assets as a potential hedge against currency debasement.