đ¨ Crypto News Flash! đ¨
Sen. Cynthia Lummis of Wyoming is set to announce groundbreaking legislation at the Bitcoin 2024 conference in Nashville. The bill aims to make Bitcoin (BTC) a strategic reserve asset for the U.S., requiring the Federal Reserve to hold BTC alongside traditional reserves like gold and foreign currencies.
đ Key Points:
- Lummis has Senate Banking Committee support.
- Former President Trump is expected to endorse the bill.
- This move could enhance the stability of the U.S. dollar.
What do you think? Could Bitcoin become the new gold? Share your thoughts in the comments! đŹ