Referred to the House Committee on Financial Services.
Summary
The American Reserve Modernization Act would create a secure facility within the Treasury to store Bitcoin that the federal government acquires through forfeiture, and a separate stockpile for other digital assets. The Treasury Secretary would oversee auditing, security, and any future sale or conversion of these assets, with proceeds directed to grow the Bitcoin reserve or reduce the national debt. The bill aims to modernize the nation’s reserves by adding a digital‑age asset alongside traditional holdings.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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