Senator Cynthia Lummis of Wyoming has introduced groundbreaking legislation at The Bitcoin Conference. The bill proposes a radical approach to addressing the United States' mounting national debt by requiring the Federal Reserve to hold Bitcoin as a strategic reserve asset.
The bill highlights Lummis' strong support for Bitcoin and its potential to stabilize the economy. The proposal marks a significant shift in how federal financial strategies could potentially incorporate cryptocurrency reserves.
The unveiling of the bill at a major Bitcoin conference underscores its importance and the growing acceptance of Bitcoin within legislative frameworks. The legislation could have far-reaching implications for the integration of cryptocurrencies in national economic policies.
