The U.S. Congress is pushing for a Bitcoin Reserve Act, with the Republican Party proposing to accumulate 5% of the world's Bitcoin
Republican lawmakers in the United States are accelerating the push for a new version of the ARMA Act, hoping to complete the bill's signing while the Republican Party still controls both houses of Congress. The bill advocates for the establishment of a national-level Bitcoin reserve in the United States and plans to hold approximately 5% of the global Bitcoin circulating supply for the long term. According to market news, there is an internal effort within the Republican Party to elevate the Bitcoin strategic reserve to the level of national finance and geopolitical competition, believing that the United States should seize a dominant position in the global digital asset system. If the bill is ultimately passed, the U.S. government may become one of the largest holders of Bitcoin in the world, further reinforcing the narrative of BTC as "digital gold" and a sovereign reserve asset.
-- Price
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