Search results
Results from the WOW.Com Content Network
Lummis’ bill would simply convert a small portion of the US government’s gold reserves and other holdings to purchase 1 million bitcoin, or approximately 5% of the global supply.
Sen. Cynthia Lummis (R–Wyo.) has introduced a bill to make that strategic reserve real, working toward government ownership and stewardship of a million bitcoin—nearly 5 percent of the total ...
While it is unclear if Lummis’s bill will pass anytime soon, Rudick says, Trump could sign an executive order to prohibit the government from selling off its current Bitcoin holdings—over ...
The concept of the strategic Bitcoin reserve first broke into the public consciousness in July 2024, during a Bitcoin conference in Nashville, when U.S. Senator Cynthia Lummis (R-Wyoming) outlined ...
U.S. Sen. Cynthia Lummis, R-Wyoming, has already introduced the Bitcoin Act of 2024 that would make the strategic Bitcoin reserve a reality. It would commit the U.S. government to purchasing 1 ...
Cynthia Marie Lummis Wiederspahn (/ ˈ l ʌ m ɪ s / LUH-miss; [1] born September 10, 1954) is an American attorney and politician serving as the junior United States senator from Wyoming since 2021. A member of the Republican Party , Lummis served as the U.S. representative for Wyoming's at-large congressional district from 2009 to 2017.
At the federal level, Sen. Cynthia Lummis (R-Wyo.) intends to reintroduce a bill that would form a strategic bitcoin reserve, she told the Washington Examiner. Lummis previously introduced the ...
What would a bitcoin reserve do? In the same week that Trump pledged to create a national stockpile, Wyoming Senator Cynthia Lummis put out the leading blueprint for what one could look like.