Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
U.S. Senator Cynthia Lummis proposes to allow the Federal Reserve to hold Bitcoin

U.S. Senator Cynthia Lummis proposes to allow the Federal Reserve to hold Bitcoin

Bitget2024/12/22 22:13
BTC-0.13%

U.S. Senator Cynthia Lummis of Wyoming recently mentioned the possibility of converting Bitcoin into a reserve asset, and proposed how to implement this plan, including involving the Federal Reserve. Lummis stated that she hopes to give the Fed the ability to purchase and hold BTC as part of a larger strategic Bitcoin reserve plan to address national debt issues. I want to hand it over to them. I hope our federal government has a strategic Bitcoin reserve to help support the dollar as a world reserve currency.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Pizza Hut and KFC in South Africa now accept Bitcoin payments
2
Data: Total stablecoin market cap surpasses $289.4 billion, up 0.96% in the past 7 days

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,924.2
+0.72%
Ethereum
Ethereum
ETH
$4,699.34
+3.69%
XRP
XRP
XRP
$3.15
+4.40%
Tether USDt
Tether USDt
USDT
$1
+0.03%
BNB
BNB
BNB
$941
+3.75%
Solana
Solana
SOL
$240.72
+0.75%
USDC
USDC
USDC
$0.9998
-0.00%
Dogecoin
Dogecoin
DOGE
$0.3032
+14.96%
Cardano
Cardano
ADA
$0.9480
+6.74%
TRON
TRON
TRX
$0.3511
+0.81%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter