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Senator Lummis Claims US Will Focus On Bitcoin Reserve Bill After Stablecoin Bill

Senator Cynthia Lummis says the United States will eventually turn its attention to the Bitcoin Reserve Bill, following progress on the much-debated stablecoin legislation. This development, shared on stage at The Bitcoin Conference, has sparked renewed interest in the government’s stance on digital assets, especially Bitcoin. Cynthia Lummis: Bitcoin Reserve Bill Is Next In Line In a now-viral post on X, Senator Lummis made headlines at the Bitcoin Conference. She announced that the Senate will begin work on the Bitcoin Reserve Bill after wrapping up discussions on the GENIUS Act stablecoin bill. Congressman Nick Begich introduced the Bitcoin bill on March 11, 2025. This bill proposes that the U.S. The Treasury should begin purchasing up to 1 million Bitcoin units over five years. If passed, it would back the established Strategic Bitcoin Reserve held in trust by the government. This will mark a massive shift in how the United States… Read More at Coingape.com

The post Senator Lummis Claims US Will Focus On Bitcoin Reserve Bill After Stablecoin Bill appeared first on CoinGape.

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