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Is Senator Lummis Hinting That the USA Could Start Buying Bitcoin?

Is Senator Lummis Hinting That the USA Could Start Buying Bitcoin?

Recent remarks suggest Senator Cynthia Lummis might be exploring the possibility of the United States establishing a Bitcoin reserve.

The Wyoming senator has raised a pivotal question: does creating a strategic Bitcoin reserve require legislative action, or could the Treasury Secretary initiate it independently?

This line of inquiry has gained further momentum following reports that former President Donald Trump signed an executive order supporting the concept of a national BTC reserve. If such a reserve were to be pursued, it could mark a major shift in how the U.S. approaches digital assets on a national level.

Whether this initiative will move forward through Congress or executive action remains unclear, but Senator Lummis’s comments have certainly stirred speculation about America’s potential pivot toward Bitcoin as part of its strategic financial arsenal.

Author
Kosta Gushterov

Reporter at Coindoo

Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a "detective-like" mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.

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