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Senator Cynthia Lummis announced efforts to establish a strategic Bitcoin 
$98,598 reserve using America’s current financial assets. She stated that this initiative aims to enhance the country’s economic security.
Bipartisan Support and Government Initiatives
The proposed legislation anticipates that the U.S. government will acquire 1 million Bitcoins within five years and hold them for at least 20 years. Reports indicate that the plan is based on utilizing existing assets without introducing new tax measures. It is expected that bipartisan support will require 60 votes for the bill to pass.
Cynthia Lummis: “We aim to build a bipartisan coalition.”
Trump Administration and Digital Asset Policy
Senator Lummis noted that the Trump administration also participated in discussions about digital assets and that appointed officials exhibited positive attitudes. Some supporters of the U.S. President appear to create a favorable environment for the legislative proposal.
Fifteen states nationwide have started preparing le…
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