Odaily Planet Daily reports: The U.S. House of Representatives has introduced a new bipartisan bill, the American Reserve Modernization Act of 2026 (ARMA), which proposes to include Bitcoin held by the U.S. government in its strategic reserves and requires a minimum lock-up period of 20 years.
Unlike the previously proposed BITCOIN Act, the new bill no longer requires the U.S. government to purchase one million BTC; instead, it primarily aims to incorporate bitcoins already held or acquired in the future through criminal and civil forfeitures into the reserve. The bill also establishes a separate digital asset inventory to manage non-Bitcoin cryptocurrency assets held by the federal government.
Under the draft, Bitcoin entering the strategic reserve may not be sold, exchanged, auctioned, pledged, or otherwise disposed of for 20 years. After the lock-up period ends, the Secretary of the Treasury may recommend selling up to 10% of the reserve assets within any two-year period.
The bill also requires the government to publicly disclose reserve proofs on a quarterly basis and conduct third-party audits of its Bitcoin holdings. Supporters argue that the United States should not sell its strategic digital assets but instead hold them long-term as part of a modernized national reserve system.