From Bitcoin Reserve to Treasury Governance: What the US Bill Signals for Institutions

The United States has taken another step towards formalising Bitcoin within the public sector’s financial architecture.

On 17 September 2026, the US House Committee on Financial Services approved the American Reserve Modernization Act of 2026 by 28 votes to 21. The bill would establish a Strategic Bitcoin Reserve and a separate Digital Asset Stockpile within the US Department of the Treasury. It would also require federal agencies to account for digital assets under their control, publish quarterly proof-of-reserve reports and undergo third-party audits.