The complete legislative text for bitcoin-favorite bill H.R. 8957, the American Reserve Modernization Act of 2026, has been made public on the U.S. Congress website, offering lawmakers, industry stakeholders, and the public their first detailed look at the mechanics behind a bill that would permanently codify a Strategic Bitcoin Reserve into federal law.

The bill, introduced May 21 by Rep. Nick Begich (R-AK) alongside co-lead Rep. Jared Golden (D-ME) and more than 20 co-sponsors, was referred to the House Committee on Financial Services upon introduction. 

While the legislation’s broad contours — consolidating federally held Bitcoin under Treasury oversight and building on…

Read more on BitcoinMagazine