Breaking: US House To Hold Strategic Bitcoin Reserve Bill Markup Vote On September 16
The U.S. House Financial Services Committee is set to mark up the Strategic Bitcoin Reserve bill on September 16. The committee’s latest memorandum includes H.R. 8957, the American Reserve Modernization Act of 2026, in a list of nine bills it will consider. Ad Ad Strategic Bitcoin Reserve Bill Moves
The U.S. House Financial Services Committee has scheduled a markup vote on the Strategic Bitcoin Reserve bill for September 16. The committee's latest memorandum lists H.R. 8957, formally titled the American Reserve Modernization Act of 2026, among nine pieces of legislation slated for consideration during the session. A markup vote represents a formal committee step in which legislators review, amend, and advance a bill toward a full chamber vote.
The American Reserve Modernization Act of 2026 proposes establishing a strategic reserve of Bitcoin held by the U.S. government, drawing comparisons to the country's existing Strategic Petroleum Reserve. The concept has gained legislative momentum in recent months, with proponents arguing that Bitcoin could serve as a long-term store of value on the national balance sheet. Similar proposals have been introduced at both the federal and state levels over the past year.
The scheduled markup signals that the bill has cleared early procedural hurdles and is advancing through the legislative process, a development that analysts say could influence institutional sentiment toward Bitcoin. The broader crypto market has historically responded to significant regulatory and legislative milestones in the United States, given the country's weight in global financial policy.
Observers will be watching whether the committee advances the bill without amendments or whether modifications are introduced during the September 16 session, as the final language of the legislation could significantly shape its scope and viability in a full House vote.
Source: CoinGape
