US lawmakers, including Senator Cynthia Lummis, are backing a plan to establish a strategic Bitcoin reserve for the country. The proposal involves using federal funds to acquire one million BTC, positioning the US as a major holder of the cryptocurrency. Former President Donald Trump also expressed support for a national Bitcoin stockpile, aiming to make the US a crypto hub. The idea of a Bitcoin reserve is gaining bipartisan support, with figures like Representative Ro Khanna endorsing it. Khanna argues that holding BTC as a reserve asset could bring long-term benefits. The move to embrace digital assets is seen as a way to appeal to a growing demographic of BTC supporters. Overall, the push for a strategic Bitcoin reserve reflects a shift in political attitudes towards cryptocurrency in the US. Read more AI-generated news on: https://app.chaingpt.org/news

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