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Digital Chamber urges US senators to support Lummis’ Bitcoin reserve bill

Digital Chamber urges US senators to support Lummis’ Bitcoin reserve bill

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Source: Coin Telegraph

The crypto advocacy group says it is hand-delivering letters to every US Senator explaining why Bitcoin would help the US secure its position as a world leader.

The Digital Chamber, a prominent digital asset advocate in the United States, is calling on US lawmakers to vote in favor of the Bitcoin reserve bill recently introduced by Wyoming Senator Cynthia Lummis.

In an Aug. 1 post on X, the lobby group said it is hand-delivering a letter to “every US Senator,” which will explain that adding Bitcoin (BTC) to America’s balance sheet can secure its position as a “global leader” and provide more stability in the face of “global economic uncertainties.”

Lummis introduced the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act of 2024 (or Bitcoin Act of 2024) on July 31. This bill would see the US Treasury set up Bitcoin vaults and buy 1 million Bitcoin over five years.

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Author: Brayden Lindrea