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CryptoMediumUpdated×9•Originally published 27 April 2026•Updated 28 April 2026•
1 min read

US Lawmaker to Reintroduce Bill for Strategic Bitcoin Reserve Codification

Key Facts

1Representative Begich plans to reintroduce legislation to establish a strategic bitcoin reserve in the U.S. within the next few few weeks.
2The new bill aims to codify President Trump’s executive order regarding a digital asset reserve.

U.S. Representative Nick Begich has announced plans to officially rebrand the Bitcoin Act as the 'American Reserves Modernization Act' (ARMA) within the next few weeks. The ARMA bill aims to bolster Bitcoin's legitimacy as a strategic asset and is expected to significantly influence future U.S. economic policy. The updated legislation includes strategic revisions based on feedback from the House Financial Services Committee to codify President Trump’s executive order into permanent federal law. Additionally, the industry is eyeing a May markup for the CLARITY Act, which is expected to provide regulatory certainty for XRP. Analysts suggest that the rebranding to ARMA signals a broader strategic move to integrate Bitcoin into the nation's sovereign financial toolkit. This combined legislative push is likely to catalyze significant institutional investment into the digital asset space.