Bitcoin Act. Wyoming Senator Cynthia Lummis is known for her very favorable positions in the cryptocurrency sector. Dynamics that led him to the table in July 2024 Create a strategic bitcoin reserve in the United States. And while President Trump has just signed an executive decree in this direction, he repeats his proposal to impose Bitcoin’s laws.
- Senator Cynthia Lummis has submitted the Bitcoin Act to create a bitcoin strategic reserve in the United States.
- President Trump has signed an executive decree focused on establishing a strategic bitcoins reserve and supports the Lummis initiative.
Cynthia Lummis wants to create a strategic bitcoin reserve
Senator Cynthia Lummis is ardent Bitcoin supporter. This is why she submitted an account for creating in July 2024 and Strategic reserve This symbolic cryptocurrency.
The initiative that is part of his desire “Strengthen the results of America” Using this new form of digital currency. Because according to her, “There is no reason why we should not use bitcoins to repay our state debt.” »»
A set that has just experienced significant twists. Indeed, the president Trump Signed a week at the beginning of the week Executive decree whose aim is “Create a strategic bitcoin reserve and digital assets. »»
The decision was welcomed Cynthia lummis who has just submitted a new account Bitcoin Act. That for the purpose of “Transformation of the President’s Visionary Action into a Sustainable Law”She said in a press release published on X.
Bitcoin Act has just been stored
Senator Cynthia Lummis has just submitted an account called Bitcoin Act. That for the purpose of “It ensures that our nation will use the full potential of digital innovations to deal with our state debt. »»
Text supported by senators Republicans Jim Justice, Tommy Tuberville, Roger Marshall, Marsha Blackburn and Bernie Moreno, but also the Republican representative of Nick Begich, who presented a bill similar to the House of the United States.
“The creation of a strategic bitcoins reserve is an important step to ensure that the United States remains the highest economy in the world. There is no reason why we should not use bitcoins to repay our state debt. »»
Bill Bitcoin Act Cynthia Lummis can go through Congress scene? However, an example, which is mainly a Republican who can decide to block this procedure. Because it seems that President Trump is determined to impose his decisions using executive decrees, although the regulatory procedure is not respected.