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:

2 days ago · Washington, D.C. —U.S. Senator Cynthia Lummis (R-WY), Senate Banking Subcommittee on Digital Assets Chair, issued the following statement after President Trump issued a historic executive order creating a Strategic Bitcoin Reserve: “President Trump promised to lead the most pro-digital asset administration in U.S. history, and today he is fulfilling that promise,” said Lummis. “By ...

1 day ago · Pro-Bitcoin Senator Backs Trump: BTC Reserve Could Slash US Debt and Dominate Finance. U.S. Senator Cynthia Lummis (R-WY) has praised President Donald Trump’s executive order establishing a ...

Jan 23, 2025 · Senator Cynthia Lummis will make a significant announcement at 10 am, potentially revealing new developments on a strategic Bitcoin 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.

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.

Feb 27, 2025 · Lummis has been a champion for bitcoin and digital assets in Congress and has made strides in shaping policy. Earlier this month, Sens. Lummis, Bill Hagerty (R-TN), and Kirsten Gillibrand (D-NY ...

4 days ago · Wyoming Sen. Cynthia Lummis, a leading bitcoin proponent, cast doubt on the immediate feasibility of former President Donald Trump’s proposed cryptocurrency strategic reserve, citing ...

Nov 6, 2024 · As former President Donald Trump’s victory in the 2024 U.S. presidential election resonates within the crypto community, Senator Cynthia Lummis hinted at introducing a landmark Bitcoin Strategic Reserve bill on November 6.

Senator Lummis proposes acquiring 1 million Bitcoins for a U.S. strategic reserve over five years. The reserve aims to combat inflation, stabilize the U.S. dollar, and address fiscal mismanagement impacts on younger generations.