Senator Cynthia Lummis Pushes for a U.S. Strategic Bitcoin Reserve
- Senator Lummis pushes for a U.S. Bitcoin reserve to stay ahead in financial innovation.
- The Czech Republic plans to add Bitcoin to national reserves, leading Western Europe.
- Trump’s executive order supports a digital asset reserve, boosting innovation.
U.S. Senator Cynthia Lummis has renewed calls for a Strategic Bitcoin Reserve (SBR), arguing that Bitcoin (BTC) could serve as a hedge against inflation and financial instability. In a post on X (formerly Twitter), she confirmed that holding public hearings on the proposal remains a top priority.
Her push for a Bitcoin reserve comes as the Czech Republic considers adding BTC to its national reserves. Czech National Bank Governor Aleš Michl revealed that the country might invest up to 5% of its €140 billion ($145.6 billion) reserve in Bitcoin—making it the first Western European nation to do so.
Related: Czech National Bank Proposes 5% Bitcoin Allocation to Diversify Reserves
Lummis Pushes for U.S. Leadership in Bitcoin Adoption
Senator Lum…
The post Senator Cynthia Lummis Pushes for a U.S. Strategic Bitcoin Reserve appeared first on Coin Edition.
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Senator Cynthia Lummis Pushes for a U.S. Strategic Bitcoin Reserve
- Senator Lummis pushes for a U.S. Bitcoin reserve to stay ahead in financial innovation.
- The Czech Republic plans to add Bitcoin to national reserves, leading Western Europe.
- Trump’s executive order supports a digital asset reserve, boosting innovation.
U.S. Senator Cynthia Lummis has renewed calls for a Strategic Bitcoin Reserve (SBR), arguing that Bitcoin (BTC) could serve as a hedge against inflation and financial instability. In a post on X (formerly Twitter), she confirmed that holding public hearings on the proposal remains a top priority.
Her push for a Bitcoin reserve comes as the Czech Republic considers adding BTC to its national reserves. Czech National Bank Governor Aleš Michl revealed that the country might invest up to 5% of its €140 billion ($145.6 billion) reserve in Bitcoin—making it the first Western European nation to do so.
Related: Czech National Bank Proposes 5% Bitcoin Allocation to Diversify Reserves
Lummis Pushes for U.S. Leadership in Bitcoin Adoption
Senator Lum…
The post Senator Cynthia Lummis Pushes for a U.S. Strategic Bitcoin Reserve appeared first on Coin Edition.
Read More
Bhutan’s $1.1B Bitcoin Reserves Earn CZ’s Approval at TOKEN2049