American Reserve Modernization Act of 2026

Transparency and Accountability: Section 6 establishes a Proof of Reserve system requiring quarterly public reports, cryptographic attestations, and independent third-party audits. This ensures the public and elected officials can clearly see how government Bitcoin holdings are managed and guarded.

Protection of Private Ownership: Section 10 explicitly affirms that the government cannot seize, confiscate, or impair the lawfully acquired Bitcoin holdings of private individuals or businesses. This protects everyday citizens and guarantees their right to maintain self-custody of their digital assets.

Voluntary State Participation: Section 8 allows individual states to voluntarily store their state Bitcoin holdings in segregated accounts within the Strategic Bitcoin Reserve. Participating states retain full title and legal interest in their stored assets while having the option to withdraw or transfer them according to agreed terms.

Long-Term Holding Restrictions: Section 5 requires the Treasury Secretary to hold all Bitcoin deposited in the Strategic Bitcoin Reserve for at least 20 years without selling, swapping, or disposing of it. This restriction prevents the government from using these valuable assets to address immediate economic needs or emergencies for two decades.

Risk Assumption for States: Section 8 states that any participating state must explicitly acknowledge that digital asset custody carries inherent, unavoidable risks. By placing state assets in the federal reserve, the state and its taxpayers assume all risks associated with that voluntary placement.