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U.S. Lawmaker to Reintroduce ARMA Bill to Put Bitcoin Strategic Reserve Into Law

U.S. Representative Nick Begich said a proposed measure to create a strategic Bitcoin reserve will be renamed the American Reserves Modernization Act (ARMA) and reintroduced in Congress, according to The Block. If enacted, the legislation would designate Bitcoin as a strategic reserve asset and write into law President Trump's earlier executive order establishing a permanent mechanism for holding Bitcoin. The information was reported by Sarah Wynn on April 27, 2026.
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