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U.S. Senator Lummis Proposes Bitcoin as a Reserve Asset
According to ChainCatcher, Wyoming Senator Cynthia Lummis mentioned the possibility of converting Bitcoin into a reserve asset and suggested that the Federal Reserve get involved.
Lummis hopes to empower the Federal Reserve to purchase and hold Bitcoin as part of a strategic Bitcoin reserve plan to address national debt issues and support the dollar as the world's reserve currency.
Lummis hopes to empower the Federal Reserve to purchase and hold Bitcoin as part of a strategic Bitcoin reserve plan to address national debt issues and support the dollar as the world's reserve currency.
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