A bipartisan group of US lawmakers is showing support for a new proposal aimed at establishing a strategic Bitcoin reserve for the country. This development comes after Senator Cynthia Lummis unveiled the legislation during her speech at the 2024 Bitcoin Conference in Nashville.
The proposal recommends using existing federal funds to build up a reserve of Bitcoin, reflecting the growing recognition of cryptocurrency's role in the financial landscape. Senator Lummis, known for her pro-crypto stance, is leading this initiative, which is gaining traction among lawmakers from both political parties.
