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Senator Lummis Explains What’s Stopping a U.S. Bitcoin Reserve And When It Could Happen

  • Senator Lummis clarifies proposal to convert gold certificates to Bitcoin instead of selling off U.S. gold reserves.
  • The strategic Bitcoin reserve bill is on hold until 2025 as lawmakers prioritize market structure legislation.
  • Focus shifts to defining regulatory boundaries between CFTC and SEC with upcoming Clarity Act before pursuing Bitcoin reserve plans.
  • Senator Lummis aims to establish foundational rules for digital assets before implementing more ambitious financial reforms.

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