House Panel Advances US Bitcoin Reserve Bill With 20-Year Hold
A House committee advanced legislation that would codify the existing U.S. Strategic Bitcoin Reserve and prohibit sales of qualifying federal bitcoin for 20 years. The amended bill would place the current executive policy in federal law. House Panel Advances the Bitcoin Reserve Bill Bitcoin legally owned by the federal government and not required by law […]
Key Takeaways
- A House committee advanced legislation that would codify the existing U.S.
- Strategic Bitcoin Reserve and prohibit sales of qualifying federal bitcoin for 20 years.
- The amended bill would place the current executive policy in federal law.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
FCA Targets Three London Premises In Illegal P2P Crypto Trading Crackdown
Read the latest update on FCA Targets Three London Premises In Illegal P2P Crypto Trading Crackdown.
S&P Global Agrees To Acquire Smart Contract Security Firm OpenZeppelin
Read the latest update on S&P Global Agrees To Acquire Smart Contract Security Firm OpenZeppelin.
Who needs CLARITY anyway? ARB could see 70X increase: Hodler’s Digest
Crypto missed out CLARITY, but tokenized stocks were legalized and the Bitcoin Reserve advanced. Meanwhile Standard Chartered says Arbitrum’s price could increase 70 times by 2030.