CandleFocus Binance Founder CZ Speaks Out After Critical New Development: “If This Is True, It Means Bitcoin Strategic Reserve Is Confirmed”
2025-01-23
Author: Content Editor
Senator Cynthia Lummis has been appointed as the Chair of the newly formed U.S. Senate Digital Assets Banking Subcommittee. Senator Lummis, a strong supporter of Bitcoin and blockchain technology, emphasized the need for the United States to lead in financial innovation with a strategic approach to digital assets. Senator Tim Scott also expressed support for blockchain technology and cryptocurrencies. The Senate Banking Digital Assets Subcommittee will focus on establishing a comprehensive legal framework for digital assets and strengthening the US dollar with a strategic bitcoin reserve. The news garnered attention from the crypto community, with former Binance CEO Changpeng Zhao commenting on the potential finalization of a US Strategic Bitcoin Reserve.
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