Senator Cynthia Lummis of Wyoming is preparing to introduce a significant piece of legislation that could transform Bitcoin's financial status in the US. According to a Fox report, Lummis aims to position Bitcoin alongside traditional financial reserves like gold. This proposed legislation, if unveiled, could mark a pivotal shift towards mainstream acceptance of Bitcoin.
Anticipation is growing as Senator Lummis is expected to make an announcement regarding this legislation at an upcoming event in Nashville. If successful, this bill could lead to substantial changes in how Bitcoin is perceived and utilized within the financial ecosystem of the United States.