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:

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 […]

Jan 23, 2025 · — Senator Cynthia Lummis (@SenLummis) January 23, 2025. Lummis posted on X, “Big things are coming,” with the “B” stylized to represent the Bitcoin symbol, hinting at an update regarding Bitcoin and the strategic Bitcoin reserve she has been advocating. This was followed by a second post saying, “Stay tuned for 10 a.m.”

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.

Jan 23, 2025 · Lummis said the digital asset legislation would include a market structure bill, clear stablecoin regulations and provisions for a Bitcoin strategic reserve. Lummis wrote: Lummis wrote:

Jan 23, 2025 · Senator Cynthia Lummis, a known Bitcoin advocate, has been appointed chair of the Senate Banking Subcommittee on Digital Assets following an earlier vote on Thursday, according to a new press release. The subcommittee, a newly established body under the Senate Banking Committee after Republicans gained control of the Senate, is the first-ever ...

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.

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.

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.

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 ...