Speculation is growing in the market after Robert Kiyosaki and Senator Cynthia Lummis both hinted at "big things" in the crypto industry. Some believe this could mean that the U.S. is preparing to create a Bitcoin strategic reserve. Lummis has reintroduced the Bitcoin Strategic Reserve Act, proposing the purchase of $81 billion worth of Bitcoin by 2025. The bill suggests that 1 million bitcoins would be purchased over five years and stored in a decentralized network of storage facilities. The funds for purchasing the Bitcoin would come from diversifying existing funds in the Federal Reserve system. Lummis believes that Bitcoin is not just a tech opportunity, but a national necessity for America's financial leadership. This legislation could boost the legitimacy of the Strategic Bitcoin Reserve, which was recently created by President Donald Trump. However, Trump's plan focuses on using seized bitcoin and other digital assets to create the reserve, while Lummis's plan involves purchasing the bitcoin. The industry has had mixed reactions to Trump's push for a crypto reserve.



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