Senator Cynthia Lummis, a proponent of Bitcoin and financial innovation, is urging the United States to include Bitcoin in its national reserves. Lummis believes that a Bitcoin reserve would bring transparency and stability to the U.S. financial system, as it could be audited 24/7 with a basic computer. As the new chair of the Senate Banking Subcommittee on Digital Assets, Lummis is pushing for legislative changes to integrate Bitcoin into U.S. economic policy. She also highlighted the growing interest in Bitcoin reserves from other countries like the United Arab Emirates. Lummis sees states like Pennsylvania, Texas, and Wisconsin considering their own Bitcoin reserves, which could influence federal policy. She will be discussing Bitcoin's role in U.S. reserves at Bitcoin 2025 and encourages Bitcoin supporters to engage with lawmakers. Lummis remains positive about Bitcoin's future, viewing it as an asset that could help reduce the national debt and protect the U.S. dollar as the world's reserve currency.
Content Editor ( coinpedia.org )
- 2025-02-17
Breaking: Senator Lummis Says ‘A Bitcoin Reserve Could Be Audited Anytime 24/7 With Basic Computer’
