US Lawmakers Propose the ‘ARMA’ Bill to Build a 1-Million-Bitcoin Strategic Reserve

U.S. lawmakers introduce ARMA to create a strategic Bitcoin reserve, hold BTC for 20 years, and study budget-neutral reserve purchase plans.

Under the American Reserve Modernization Act of 2026, Bitcoin must be held for a minimum of 20 years unless used to slash national debt.

Kraken sent 56 million tax forms to the Internal Revenue Service last year. Nearly a third covered transactions worth less than a dollar. More than 75% were for trades under $50. Those numbers, cited by the crypto exchange last month, have added weight to a growing call in Congress to rethink how small digital asset transactions are taxed in the United States. Related Reading: Crypto Access To Banks In Focus After Trump’s New Executive Order A Study, Not An Exemption A bipartisan group of House lawmakers introduced a bill Tuesday that takes a first formal step toward addressing that burden. Called the Digital Asset Protection, Accountability, Regulation, Innovation, Taxation and Yields Act — or PARITY Act — the legislation does not create a tax break for small crypto transactions. What it does is direct the Treasury Department to examine whether one should exist, and to report back within 180 days on what relief it can offer under its current authority. Innovation should create opportu

Congressional action to limit war powers may reduce unilateral military actions, potentially lowering the risk of US-Iran conflict escalation. The post Congress moves to limit Trump’s Iran war powers, impacting conflict likelihood appeared first on Crypto Briefing.

The reconciliation bill comes after Congress shut down the Department of Homeland Security for a record-breaking 76 days earlier this year.

U.S. Senator Cynthia Lummis has warned that China and Europe are actively competing with the United States for leadership in cryptocurrency and digital asset development, urging Congress to accelerate pending crypto legislation. US Cannot Afford to Fall Behind China and Europe, Says Lummis Speaking on the state of U.S. crypto policy, Senator Lummis, one of […]

Galaxy Research head Alex Thorn put CLARITY Act passage at 75% and forecast a Trump signing the week of Aug. 3 if Congress holds pace.

“Congress has the power to slam the brakes on this unwise conflict,” said bill sponsor and Democratic Senator Tim Kaine.