Bitcoin Laws

Tracking US Digital Asset Legislation

[Bitcoin Laws @Bitcoin_Laws]

New Hampshire's 'Blockchain basics' bill HB639 progressed today:

NH's House and Senate agreed on a compromise version of the bill (both chambers passed different versions previously).

The bill protects various 'rights', including payments, running nodes, and mining.

[Bitcoin Laws @Bitcoin_Laws]

🇺🇸 Strategic Bitcoin Reserve update:

The new federal SBR bill has added a single Democrat co-sponsor: Rep. Jared Golden (@RepGolden), from Maine.

Making it (slightly) more bipartisan.

[Bitcoin Laws @Bitcoin_Laws]

NEW: List of the co-sponsors of the ARMA Act (strategic bitcoin reserve) bill introduced today, and some of their statements:

[Bitcoin Laws @Bitcoin_Laws]

NEW: List of the co-sponsors of the ARMA Act (strategic bitcoin reserve) bill introduced today, and some of their statements:

[Rep. Mike Rulli @RepMichaelRulli]

There will only ever be 21 million Bitcoin.

While governments can print unlimited amounts of money, Bitcoin’s supply is permanently fixed.

That’s why I’m proud to support @RepNickBegich’s ARMA Act, legislation that recognizes the strategic importance of Bitcoin and helps secure America’s role as the Crypto Capital of the World 🇺🇸

[Bitcoin Laws @Bitcoin_Laws]

Congressman Begich introduced the American Reserve Modernization Act today.

The full text isn't yet available, but it should closely follow Senator Lummis' BITCOIN Act from last year:

[Bitcoin Laws @Bitcoin_Laws]

NEW: Full text of Sen. Lummis' BITCOIN Act

Re-introduced in the Senate, after the 2024 version got held up in Committee.

So how does this version compare?

Like last time, it proposes buying 1M BTC over 5 years.

But there are some key differences: 🧵

[Congressman Nick Begich @RepNickBegich]

America’s reserves balance sheet is a critical component of our nation’s insurance policy, bolstering our currency and providing assurance during times of uncertainty. Over time, the prevailing sentiment as to what constitutes a durable store of value can shift, and as such it is important for us to recognize this fact and provide the flexibility needed to broaden America’s portfolio of reserve assets.  

The American Reserve Modernization Act (ARMA) ensures digital assets in the possession of the federal government will be consolidated across government and protected as a reserve asset for future generations, protecting these assets from the whims of Congress or future administrations.

[Mike Belshe @mikebelshe]

https://t.co/shV4MHKcDK

[Bitcoin Laws @Bitcoin_Laws]

🇺🇸 NEW: The CLARITY Act passes the Senate Banking Committee by a vote of 15-9

[Bitcoin Laws @Bitcoin_Laws]

Final vote

[Bitcoin Laws @Bitcoin_Laws]

🇺🇸 NEW: The CLARITY Act passes the Senate Banking Committee by a vote of 15-9

[Bitcoin Laws @Bitcoin_Laws]

LIVE: CLARITY Act Hearing | Senate Banking https://t.co/rKhTpEFSrk

[Bitcoin Laws @Bitcoin_Laws]

🇺🇸 NEW: The CLARITY Act passes the Senate Banking Committee by a vote of 15-9

[Bitcoin Laws @Bitcoin_Laws]

@throbbinh00d back up in a sec

[Julian Fahrer @Julian__Fahrer]

AI data centers and bitcoin / crypto mining are increasingly joined at the hip by activist legislatures trying to stop construction on environmental grounds

[Bitcoin Laws @Bitcoin_Laws]

NEW: Michigan bill allows local governments to impose moratoriums on the construction of crypto miners and data centers.

HB 5882 provides a roadmap and checklist for local governments wanting to block construction.

[BitGo @BitGo]

The GENIUS Act and Clarity Act are massive steps forward. But the details of implementation are where it gets complicated.

@Julian__Fahrer of @Bitcoin_Laws joined BitGo's High Roller Summit to break down the live issues still being worked out, from stablecoin yield prohibitions to how far those rules actually extend in practice.

[BitGo @BitGo]

Digital finance is no longer a vision of the future. It's an engineering problem being solved today.

This panel at the BitGo High Roller Summit explores what the next generation of financial infrastructure needs to get right.

The Evolution of Financial Infrastructure
📅 Wednesday, April 29
🕐 1:00pm – 1:45pm

Featuring:
🔸 @Julian__Fahrer — @Bitcoin_Laws
🔸 Ben Reynolds — @SoFi
🔸 @ChaseLax — Susquehanna Crypto

Register and learn more: https://t.co/djuEvPOCjQ

[Bitcoin Laws @Bitcoin_Laws]

The Data Center Moratorium movement threatens Bitcoin mining, as well as AI.

Here is testimony from one of the organizations influential in pushing through Maine's moratorium bill:

"bitcoin mining operations are part of the same, unprecedented techno-threat to affordability"

[Polymarket @Polymarket]

JUST IN: Maine is set to become the first state to pass a ban on data center construction.

[Bitcoin Laws @Bitcoin_Laws]

🇺🇸 'Bitcoin Reserve' race update:

14 states have introduced reserve bills this year

[Bitcoin Laws @Bitcoin_Laws]

TODAY: The Rhode Island Senate AI & Emerging Technology Committee is holding a hearing on SB 2196.

This bill prohibits compelled disclosure of private keys in legal proceedings.

[Julian Fahrer @Julian__Fahrer]

NEW: Oregon has passed a moratorium on tax incentives for data centers.

HB 4084 excluded data centers from a property tax exemption program until 2027, and makes it permanently harder for them to qualify.