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US Senator Cynthia Lummis Discusses Bitcoin Reserve, Stablecoin Legislation, and Market Structure Bill at Bitcoin 2025 Conference

  • US Senator Cynthia Lummis and Coinbase CLO Paul Grewal discussed market structure bill, stablecoin legislation, future taxing system, Bitcoin strategy reserve, and Bitcoin mining at the 2025 Bitcoin Conference in Las Vegas.
  • Lummis highlighted the importance of the market structure bill for businesses interfacing Bitcoin with fiat currency. She also proposed tax exemptions for transactions under $600 to promote daily Bitcoin usage.
  • Lummis expressed challenges faced by lawmakers due to hostile regulatory agencies towards digital assets and delays in enacting structural changes in the absence of a confirmed IRS director.
  • Lummis emphasized the strategic importance of Bitcoin for the US economy and defense, suggesting that holding a million Bitcoin could significantly reduce the national debt and serve as a deterrent to aggression from other countries, particularly China.

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