Coin-Turk 6 minutes ago
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Cynthia Lummis announced her proposal for a strategic Bitcoin 
$86,854 reserve during her election campaign. The Bitcoin conference in 2024 witnessed significant moments with former President Trump. He managed to keep some of his promises regarding cryptocurrencies after taking office. But what has happened to the strategic Bitcoin reserve?
Current Status of Bitcoin Reserves in the US
The United States has yet to use Bitcoin as a reserve asset. There are actions being taken, or yet to be taken, at both the state and federal levels. Twenty-five states, representing half the country, have initiated laws related to Bitcoin reserves. Some are still in preparation, while others are in progress.
The recognition of BTC ($85,996.55) as a reserve asset in the US could open the door to significant changes globally. Even today, the Czech Central Bank is considering adding BTC to its reserves. Japan is also discussing similar topics.
Recent Developments on Bitcoin Reserves
Four states—Mo…
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