Senator Cynthia Lummis of Wyoming is preparing to introduce new legislation aimed at integrating Bitcoin into the Federal Reserve's strategic reserve assets, Fox Business News reports. The bill is set to be announced during the annual Bitcoin Conference in Nashville. Three anonymous sources with knowledge of the situation have confirmed the upcoming announcement. This move represents a significant step in the adoption of Bitcoin within the US financial system and could pave the way for further mainstream acceptance of cryptocurrency as a legitimate reserve asset.
