Senator Lummis Advocates Bitcoin Reserve
This is a US news story, published by CoinGape, that relates primarily to Cynthia Lummis news.
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Strategic Bitcoin ReserveCoinGape
•Senator Cynthia Lummis says 2025 will be a pivotal year for cryptocurrencies
67% Informative
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.
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English
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62
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