The newly appointed chair of the Senate Banking Committee on Digital Assets, Cynthia Lummis of Wyoming, emphasized today that one of her top priorities is to hold public hearings on the 'Strategic Bitcoin Reserve' to promote policy adjustments in the U.S. government regarding crypto assets. (Background: CZ: Very confident that the U.S. will establish a strategic Bitcoin reserve! Because Cynthia Lummis has taken office as the chair of the Senate Digital Assets Committee) (Additional context: Asking the U.S. to buy 1 million BTC over five years) Lummis's Bitcoin reserve bill has been released, but where will the funding come from?) Senator Cynthia Lummis, a Republican from Wyoming and the new chair of the Senate Banking Committee on Digital Assets, announced early today (30th) on X that 'one of our top priorities will be to hold public hearings on the Strategic Bitcoin Reserve.' As a long-time advocate for cryptocurrency regulatory reform, Lummis's position on promoting friendly cryptocurrency policies has consistently aligned with the development direction of the crypto industry. Extended reading: CZ: Very confident that the U.S. will establish a strategic Bitcoin reserve! Because Cynthia Lummis has taken office as the chair of the Senate Digital Assets Committee One of the first orders of business will be to hold public hearings on the Strategic Bitcoin Reserve. — Senator Cynthia Lummis (@SenLummis) January 29, 2025 Collaborating with FDIC Vice Chair to combat 'Chokepoint 2.0' In addition to promoting the Strategic Bitcoin Reserve, Lummis has also pledged to end the unfair suppression of the crypto industry. She will closely cooperate with FDIC Vice Chair Travis Hill to jointly combat the unfair restrictions on digital assets posed by 'Choke point 2.0' and has committed to taking action to ensure that the crypto industry is not affected by excessive regulation. Extended reading: Coinbase exposes the U.S. government's 'crypto choke action': lobbying several banks to steer clear of Crypto in 2022.. As we learn the extent – and the injustices – of Chokepoint 2.0, I will be working closely with FDIC Vice Chair Travis Hill to put an end to this assault on digital assets. pic.twitter.com/juopmVItCc — Senator Cynthia Lummis (@SenLummis) January 24, 2025 Multiple states promoting Bitcoin reserves and investments Just earlier this week, Texas Lieutenant Governor Dan Patrick announced that 'Bitcoin reserves' would be a legislative priority for the state in 2025. Currently, at least five states are promoting similar plans, including Arizona and Utah.. Indiana State Representative Jake Teshka also proposed a bill yesterday (29th) allowing state retirement funds to invest in Bitcoin ETFs and requesting the state government to explore blockchain technology applications to enhance cost efficiency and cybersecurity management, with plans to submit a related report in 2026. Related reports CZ: Very confident that the U.S. will establish a strategic Bitcoin reserve! Because Cynthia Lummis has taken office as the chair of the Senate Digital Assets Committee Asking the U.S. to buy 1 million Bitcoins! Senator Cynthia Lummis's new proposal stronger than Trump's? 'Senate Digital Assets Committee Chair Cynthia Lummis: Top priority is to hold hearings on the strategic Bitcoin reserve' This article was first published in BlockTempo (the most influential blockchain news media).