U.S. House of Representatives Proposes 20-Year Holding Period for National Strategic Bitcoin Reserve
The bill stipulates that Bitcoin included in the Strategic Bitcoin Reserve shall, in principle, be held for at least 20 years and may not be sold, exchanged, or otherwise disposed of during this period. It also mandates the establishment of a Proof-of-Reserves system to disclose, on a quarterly basis, holdings, transactions, and proof of private key control—subject to independent third-party audits. Additionally, the bill requires a study on the feasibility of increasing Bitcoin holdings over the next five years in a budget-neutral manner.