The possibility of the Federal Reserve (Fed) holding Bitcoin (BTC) as part of its reserves has sparked discussion in the US Congress. Senator Cynthia Lummis, known for her advocacy for digital assets, recently revealed in an interview with Yahoo Finance that "Congress is looking at a bill that would allow the Federal Reserve to hold Bitcoin on its balance sheet." Previously, when asked about this possibility during a press conference, Fed Chair Jerome Powell stated that the Fed is currently prohibited from holding Bitcoin and does not anticipate that to change, leaving it to Congress to make the decision. This news follows a series of recent developments indicating a growing interest in cryptocurrencies among policymakers. If passed, such a bill would represent a significant step towards the mainstream adoption of BTC and other digital assets.

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