On the 17th, the U.S. Congress saw the House Financial Services Committee approve the bill "H.R.8957," which establishes Bitcoin (BTC) as a strategic reserve under federal law, by a vote of 28 to 21, as revealed by Republican members of the committee. Known as the American Reserve Modernization Act (ARMA), this approval remains at the committee deliberation stage and has not yet proceeded to a full House vote.
The bill addresses government-held Bitcoin managed by the Treasury, including those seized...
