Market news: U.S. Senator Cynthia Lummis may introduce a Bitcoin strategic reserve legislation.
This article is machine translated
Show original
Odaily Odaily reported that according to Fox Business, Trump will give a speech at the Bitcoin 2024 conference in Nashville, Tennessee later this week. At the same time, US Senator Cynthia Lummis, who supports cryptocurrencies, will also announce new legislation she is drafting, which will require the Federal Reserve to hold some Bitcoin as a strategic reserve asset. However, the relevant plans are still undetermined and may be delayed. It is reported that sources revealed that Cynthia Lummis hopes to announce the plan at the Bitcoin conference, just before Trump's scheduled speech, so that Trump can support the bill and the ideas behind it.
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content
