U.S. Senator Cynthia Lummis has praised President Trump's executive order establishing a strategic bitcoin reserve and digital asset stockpile. The order ensures that bitcoin acquired through asset forfeitures will be treated as a reserve asset, and it authorizes the acquisition of additional bitcoin without cost to taxpayers. Senator Lummis sees this as a historic move that will address the national debt and secure America's position as a leader in financial innovation. President Trump's ambition to make the U.S. a global leader in cryptocurrency is reflected in this decision, along with other actions such as appointing a "crypto czar" and planning a cryptocurrency summit at the White House. The strategic bitcoin reserve is expected to play a crucial role in the future of the U.S. economy and its digital asset strategy.
Content Editor ( news.bitcoin.com )
- 2025-03-08
Pro-Bitcoin Senator on Trump's BTC Reserve: 'This Is Only the Beginning'
