BlockBeats reported that on January 8, U.S. Senator Cynthia Lummis met with SEC Chairman nominee Paul Atkins to discuss legislation and regulatory reforms regarding digital assets.
She hinted that there might be changes in the future, jokingly saying she wants to put the SEC into 'Atkins diet'.
BlockBeats previously reported that 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 establishes a long-term goal of accumulating 1 million bitcoins over time, which would represent about 5% of the total bitcoin supply. The bill plans to use existing U.S. Treasury funds to purchase bitcoins in an amount corresponding to the U.S. Treasury's gold allocation.
