House panel reportedly advances Strategic Bitcoin Reserve bill
Crypto.news reports the House Financial Services Committee voted 28–21 for amended H.R. 8957, which would require Bitcoin in the proposed reserve to be held for at least 20 years.
TLDR
Crypto.news reports that the House Financial Services Committee approved an amended H.R. 8957 to put a Strategic Bitcoin Reserve into federal law. The measure passed the committee 28–21. Under the proposal, Bitcoin placed in the reserve would have to be held for at least 20 years, while Treasury would manage a separate stockpile for other digital assets.
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