In a contemporary improvement, US Senator Cynthia Lummis and Donald Trump’s incoming Treasury Secretary Scott Bessent have met to debate america’ potential strategic Bitcoin reserve. Lummis referred to as Bessent a “champion for digital property and an important ally in passing strategic Bitcoin Reserve. Lummis debuted the Bitcoin Act of 2024 which proposes the nation create a reserve of the main crypto. Its presence would strengthen the US greenback and guarantee it stays a worldwide cryptocurrency powerhouse. The invoice will finally suggest the US buy of 1 million BTC by 2030. Furthermore, the asset could be held for a minimum of 20 years.
