On January 8, U.S. Senator Cynthia Lummis met with SEC chair nominee Paul Atkins to discuss legislation and regulatory reforms regarding digital assets. She hinted at possible changes in the future, jokingly suggesting to put the SEC into 'Atkins diet' mode.
Previously reported, on August 1, 2024, U.S. Senator Cynthia Lummis officially proposed the Bitcoin Strategic Reserve Act, which would instruct the U.S. government to establish a reserve fund for this scarce decentralized asset.



The bill also sets a long-term goal of accumulating 1 million bitcoins over time, approximately 5% of the total bitcoin supply. The proposal plans to use existing U.S. Treasury funds to purchase bitcoins in amounts corresponding to the distribution of U.S. Treasury gold.

[Original link]

#SEC