Breaking News: The United States has launched a bill to purchase 1 million Bitcoins, countdown to real money entering the market!
There is a major movement in American politics, as Republican Senator Cynthia Lummis has proposed a bill to purchase 1 million Bitcoins, which has now been officially released on the U.S. government website, and the process has been completed.
According to the bill's plan, the U.S. government will purchase 200,000 Bitcoins each year for the next five years, totaling 1 million Bitcoins. These Bitcoins will be part of the official national reserves of the United States, managed by the U.S. Department of the Treasury and stored in protected vaults across the country.
Moreover, the funding for the purchases has a clear source; it will be drawn from existing funds in the Federal Reserve and Treasury accounts, meaning American taxpayers will not have to spend extra money.
Everything is ready, just waiting to see how the subsequent processes will proceed. Once the U.S. truly begins to buy Bitcoin on a large scale, the impact on the global cryptocurrency market will be immense, and the price of Bitcoin will undoubtedly experience significant fluctuations, causing the global financial market to tremble.
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