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‘USA Will Be The Most Pro-Bitcoin Nation’: Expert Envisions Strategic BTC Reserve

  • Pro-crypto Senator Cynthia Lummis has introduced the Strategic Bitcoin Reserve Legislation, aiming to establish a national Bitcoin reserve.
  • The initiative has gained support from industry leaders and aims to create decentralized Bitcoin vaults, acquire one million BTC, and affirm self-custody rights of private BTC holders.
  • Representative Ro Khanna, a Democrat, has also endorsed the initiative and called for Bitcoin to be considered as a legitimate reserve asset.
  • Bitcoin is currently trading at $74,740, after hitting a record high of $75,500.

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