The US Bitcoin reserve faces a crucial bipartisan test Wednesday
The American Reserve Modernization Act (ARMA) would put the federal government's Bitcoin reserve into law for the first time. But ahead of its first House committee vote on Sept. 16, the bill has attracted just one Democratic cosponsor, and he does not sit on the committee considering it. That goes against Congress's broader crypto push. […] The post The US Bitcoin reserve faces a crucial bipartisan test Wednesday appeared first on CryptoSlate.
Key Takeaways
- The American Reserve Modernization Act (ARMA) would put the federal government's Bitcoin reserve into law for the first time.
- But ahead of its first House committee vote on Sept.
- 16, the bill has attracted just one Democratic cosponsor, and he does not sit on the committee considering it.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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