Can the US Bitcoin reserve bill survive Congress with 6% odds?

U.S House Financial Services Committee is set to hear and markup the Bitcoin reserve bill that was introduced back in May

• A U.S. bill to formalize a strategic Bitcoin reserve (H.R. 8957) is facing a low probability of passage through Congress due to a tight legislative calendar.
• The bill proposes holding BTC for 20 years and using future sales to offset national debt, while the U.S. government currently holds a significant amount of seized Bitcoin.
• Despite other nations like the UAE viewing Bitcoin as digital gold, the bill's chances of becoming law in 2026 are estimated at around 6%.

Topics: Political endorsements opposition, Bitcoin treasuries, Public debt, Pro innovation policy, Sovereign adoption, Tokenized us treasuries, Impact monetary policy

Tags: #bitcoinreservebill #congress #hr8957 #americanreservemodernizationact #nickbegich #strategicbtcreserve #nationaldebt #governmentholdings #uae #polymarket

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After Major Loss, Crypto PACs Put $1.5M Into 3 US State Races

Fairshake-affiliated political action committee groups have reported fresh ad spending aimed at congressional races in several states after a loss in

• Crypto PACs, including Fairshake affiliates, have spent over $1.5 million on ad campaigns supporting candidates in Florida, Alaska, and Wyoming.
• This spending follows a primary loss in Michigan where a supported candidate was defeated, highlighting the unpredictable nature of political advertising.
• The efforts are tied to influencing U.S. politics, particularly concerning proposed market-structure legislation like the CLARITY Act.

Topics: Political endorsements opposition, Jurisdictions, Pro innovation policy, Established hubs

Tags: #fairshake #cryptopacs #electionspending #usstateraces #marketstructurelegislation #defendamericanjobs #protectprogress #nickbegich #clarityact #geniusact

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