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Coin Telegraph

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US lawmaker doubles down on crypto promises after Trump win

  • Republican Senator Cynthia Lummis plans to have lawmakers pass a bill to build a strategic Bitcoin reserve.
  • Lummis introduced the Bitcoin Act in July, proposing the US government buy 1 million BTC and hold it for at least 20 years.
  • With Republicans expected to have a majority in the US Senate, Lummis and her colleagues may have the votes needed to carry out the plan.
  • This idea was originally suggested by then-presidential candidate Donald Trump, who proposed the US government not sell any seized Bitcoin.

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