Senator Lummis proposes allowing the Fed to buy and hold Bitcoin
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Odaily reports that U.S. Senator Cynthia Lummis recently mentioned the possibility of converting into a reserve asset, and proposed how to implement this plan, including involving the Federal Reserve. Lummis said she hopes to empower the Federal Reserve to purchase and hold , as part of a larger strategic reserve program to address the national debt issue: "I hope the federal government will have a strategic reserve to support the U.S. dollar as the world's reserve currency." (Bitcoin.com)
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