Congress Just Took a Major Step Toward Signing the Strategic Bitcoin Reserve Into Law. Here's What Bitcoin Investors Need to Know.
President Donald Trump issued an executive order in early 2025 to create a U.S. Bitcoin Strategic Reserve and a Digital Asset Stockpile.
Overview
During his first year in office, President Donald Trump issued an executive order to create a Strategic Bitcoin (CRYPTO:BTC) Reserve in the U.S., as well as a Digital Asset Stockpile.
However, since then, there's been little news about this effort or whether it would be much more than just an order. But now lawmakers are moving to codify it.
Details
By a 28-21 vote split among party lines, the U.S. House Committee on Financial Services voted to advance The American Reserve Modernization Act (ARMA) of 2026, which brings it one step closer to a House vote.
Source
Originally published at www.fool.com.
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