Odaily News U.S. Senator Cynthia Lummis of Wyoming said on Tuesday that Trump supports her bitcoin bill.
At the Bitcoin Conference in Las Vegas, Loomis said Trump "has a team in the White House working on digital asset issues - from stablecoins to market structure to a strategic reserve of Bitcoin - and they may launch it in that order." The senator's draft Bitcoin bill proposes the establishment of a strategic Bitcoin reserve, instructing the U.S. government to purchase 1 million Bitcoins within 5 years, with funds coming from the Federal Reserve System and existing funds in the Treasury Department. (Jinshi)