🧵 Legal thread of the week: the American Reserves Modernization Act (ARMA).
1/7 🚨 This week, Rep. Nick Begich announced plans to reintroduce landmark Bitcoin legislation in the coming weeks — now rebranded as the American Reserves Modernization Act (ARMA). The goal? Turn President Trump’s executive order on a Strategic Bitcoin Reserve into permanent U.S. law.
2/7 🏛️ The original bill, formerly known as the BITCOIN Act, was co-introduced last year by Begich (R-AK) and Sen. Cynthia Lummis (R-WY). ARMA aims to establish Bitcoin as a strategic reserve asset, just like gold at Fort Knox.
3/7 Key provisions include acquiring up to 1 million BTC over five years using budget-neutral strategies: no new taxpayer spending. Once acquired, Bitcoin must be held long-term with strict custody rules. ⏳
4/7 Begich explained the rebrand: “We’re trying to make sure that bitcoin is treated like the reserve asset that it is.” The new name helps broaden support in Congress by focusing on national reserves modernization. 📜
5/7 Why rush this through Congress? Because executive orders can be undone by the next president. Begich said: “We don’t know what the next administration is going to be like… lock in the gains now.” 🔒
6/7 If passed, ARMA would also force government agencies to properly identify and custody all Bitcoin they currently hold, treating it responsibly as a true strategic asset. 🛡️
7/7 This is a major step from temporary executive policy toward a codified national Bitcoin strategy. ARMA could be one of the most important Bitcoin bills of 2026. What’s your take, will it pass? 👇
🏛️ In today’s world, knowing #Bitcoin law isn’t optional, it’s essential for staying free and safe.
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