On May 24, according to Bitcoin News, U.S. Republican lawmakers are accelerating the push for a new version of the ARMA Act, aiming to finalize the legislation while the Republican Party controls both chambers of Congress. The core of the bill is to establish a strategic Bitcoin reserve for the United States, with plans to hold approximately 5% of the global circulating supply of Bitcoin in the long term. If the bill is ultimately passed, the U.S. government will become one of the largest holders of BTC globally, further solidifying Bitcoin's narrative as 'digital gold' and a sovereign reserve asset.
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