
U.S. lawmakers are pushing a national Bitcoin reserve proposal targeting 5% of Bitcoin supply, with one lawmaker urging legislation within six months as Republicans control both chambers of Congress.
U.S. Republican lawmakers are advancing a revised ARMA Act that would establish a national Bitcoin reserve targeting about 5% of Bitcoin’s supply, a scale that could make the U.S. government one of the world’s largest Bitcoin holders if enacted. According to the sources, the push is occurring while Republicans control both chambers of Congress, potentially improving the bill’s legislative prospects. A U.S. lawmaker also said related legislation should pass within six months, adding a proposed timeline to the policy effort. The sources do not provide further details on the reserve’s funding, acquisition, custody, implementation structure, or agency oversight.