Bitcoin Act
Coverage of Bitcoin Act in the Nexus archive.
- Scott Bessent Backs Strategic Bitcoin Reserve, Urges Senate to Pass Clarity Act
Treasury Secretary Scott Bessent testified before the Senate Finance Committee, supporting the U.S. Strategic Bitcoin Reserve and urging passage of the Clarity Act. The reserve, established via executive order, holds 328,372 BTC acquired through criminal forfeitures, and the BITCOIN Act proposes authorizing the Treasury to purchase up to one million bitcoin over five years.
- Bitcoin Self-Custody Framed as Civil Liberty at Bitcoin 2026 Conference
At the Bitcoin 2026 Conference, panelists including Congressman Nick Begich, Joe Kelly of Unchained, and Zach Herbert of Foundation Devices argued that Bitcoin self-custody should be recognized as a protected civil liberty. They emphasized private property rights, historical precedents like the 1933 gold confiscation, and the need for legislative action to prevent centralized control of digital assets.