Nashville Rep pushes Bitcoin reserve invoice

Nashville Rep pushes Bitcoin reserve invoice

A Bitcoin reserve invoice to codify Trump’s govt order gained a Nashville champion.

Abstract

  • Rep. Matt Van Epps framed the American Reserve Modernization Act as an extension of Nashville’s rising Bitcoin ecosystem.
  • ARMA would lock federally held Bitcoin for no less than 20 years and authorize Treasury to accumulate as much as 1 million BTC over 5 years.
  • Van Epps cited the $39 trillion nationwide debt because the central argument for the laws.

Rep. Matt Van Epps informed Bitcoin Journal that the American Reserve Modernization Act of 2026 is a direct reflection of what he sees taking place in his personal district. “Nashville is one of the nation’s leading Bitcoin hubs,” Van Epps mentioned, pointing to Bitcoin Park, the town’s digital asset group, and the annual Bitcoin convention returning to Nashville in 2027.

Van Epps is one in every of 18 authentic cosponsors of ARMA, launched on Might 21 by Rep. Nick Begich alongside Democratic co-lead Rep. Jared Golden. The invoice would codify President Trump’s March 2025 govt order establishing a Strategic Bitcoin Reserve, giving it statutory permanence that no future administration may reverse with a pen stroke.

What the ARMA invoice would really do

“With a national debt of $39 trillion, this is an essential piece of legislation,” Van Epps mentioned. Underneath ARMA, any future sale of Bitcoin from the reserve can be permitted for just one goal: decreasing the nationwide debt.

The invoice would place the reserve contained in the U.S. Treasury and authorize acquisition of as much as 200,000 BTC per yr for 5 years, concentrating on a million cash. All holdings can be locked for no less than 20 years. A separate Digital Asset Stockpile would maintain non-Bitcoin digital property already in federal custody.

As crypto.information reported, ARMA builds on the sooner BITCOIN Act framework that Begich launched with Senator Cynthia Lummis in March 2025. The U.S. authorities presently holds an estimated 328,372 BTC gathered via regulation enforcement seizures, together with proceeds from the Silk Highway takedown and the 2022 Bitfinex hack restoration.

The invoice additionally affirms that the federal authorities might not impair the lawful proper of people to personal, switch, or self-custody digital property. It directs a research on budget-neutral acquisition methods to judge strategies for increasing reserves with out growing taxes or deficit spending.

White Home crypto adviser Patrick Witt mentioned at Bitcoin 2026 in late April {that a} “breakthrough” tied to the administration’s Bitcoin reserve plans may arrive in coming weeks. A Senate companion model from Senators Lummis and Cassidy consists of related codification provisions.

Supply hyperlink

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