Jul 31, 2024 · The BITCOIN Act establishes a strategic Bitcoin reserve to serve as an additional store of value to bolster America’s balance sheet and ensure the transparent management of Bitcoin holdings of the federal government. Specifically, the legislation would:

Jul 31, 2024 · The bill directs Treasury to establish a Strategic Bitcoin Reserve for the secure storage of U.S. Bitcoins. The reserve must be a decentralized network of secure facilities across the United States. Existing U.S. Bitcoin holdings must be transferred to the reserve.

Jul 27, 2024 · Today, during Bitcoin 2024, U.S. Senator Cynthia Lummis (R-WY) announced a revolutionary proposal to supercharge the U.S. dollar by establishing a strategic Bitcoin reserve to fortify the dollar against rising inflation and cement U.S. leadership in the rapidly evolving global financial system.

Jan 23, 2025 · Washington, D.C.— U.S. Senator Cynthia Lummis (R-WY) released the following statement after Senate Banking Committee Chair Tim Scott (R-SC) named her the first-ever chair of the new Senate panel devoted to digital assets: “Digital assets are the future, and if the United States wants to remain a global leader in financial innovation, Congress needs to urgently […]

Dec 18, 2024 · Sen. Cynthia Lummis, R-Wyo., promoted her legislation to create a bitcoin strategic reserve just days after President-elect Donald Trump confirmed he’s still supportive of the initiative....

Dec 18, 2024 · Wyoming Senator Cynthia Lummis, known as the "Bitcoin Senator," has identified 2025 as a pivotal year for Bitcoin and crypto, with several proposed policies and key government positions expected to converge and spur change.

Nov 15, 2024 · Senator Cynthia Lummis has introduced the Bitcoin Act of 2024, which is now in the initial stage of the legislative process. For the proposal to become law, it must first pass through the Senate and the House of Representatives before reaching the President for approval.

4 days ago · Senator Cynthia Lummis has stated that the Strategic Bitcoin Reserve could serve as a financial safeguard and a means to address past generations’ fiscal mismanagement. Lummis believes such a reserve could help rectify the economic burdens placed on younger generations, particularly the national debt. Senator Lummis’ Bitcoin Reserve Push

Jul 27, 2024 · NASHVILLE — U.S. Senator Cynthia Lummis plans to introduce legislation calling for a "strategic bitcoin reserve" that will reduce the national debt of the United States by buying 1 million ...

US Senator Cynthia Lummis took to X platform to highlight the potential of Bitcoin in transforming the American financial system. In her post, she described her meeting with David Bailey as a productive exchange, underscoring their shared belief in BTC future.