In the wake of Trump's victory, Senator Lummis has introduced a proposal for a Bitcoin Strategic Reserve bill. This legislative initiative aims to create a national Bitcoin fund, which might significantly alter the U.S. government's stance on cryptocurrency. The proposal is seen as a step towards modernizing the financial system by integrating digital currencies into national reserves.
The establishment of such a fund is also viewed as a potential measure to combat inflation, offering an alternative to traditional monetary assets. Lummis's proposal aligns with Trump's earlier promises to embrace crypto innovation, signaling a shift in policy towards more comprehensive adoption and regulation of digital currencies.
