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Senator Cynthia Lummis says 2025 will be a pivotal year for cryptocurrencies

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Senator Cynthia Lummis is a strong advocate for a national Bitcoin reserve.

She proposes converting a portion of the US Treasury ’s gold into Bitcoin to create a strategic reserve.

Recently she stated that 2025 will be a defining year for cryptocurrencies, citing the appointment of David Sacks as the “Crypto Czar” of the administration.

Sacks is a well-known venture capitalist and former PayPal executive who is likely to play an important role in the US government's policies on cryptocurrencies.