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Chamber of Digital Commerce calls on US lawmakers to vote in favor of Bitcoin Reserve Act

2024-08-02 02:32
Odaily News Digital asset advocates Digital Chamber called on U.S. lawmakers to vote in favor of the Bitcoin Reserve Act recently introduced by Wyoming Senator Cynthia Lummis. Lummis reportedly introduced the "Promoting Innovation, Technology, and Competitiveness through Optimizing Investment Act of 2024" (or the Bitcoin Act of 2024) on July 31. The bill will allow the U.S. Treasury to establish a Bitcoin vault and purchase 1 million Bitcoins within five years. (Cointelegraph)