Senator Lummis’ Bitcoin reserve proposal faces uphill battle
A US strategic Bitcoin reserve faces steep odds, with legislative hurdles and economic risks stalling approval.
United States Senator Cynthia Lummis, long known as the “Crypto Queen” of Capitol Hill, has thrown a financial curveball into the post-election buzz by announcing plans to establish a strategic Bitcoin (BTC) reserve.
Source: Senator Cynthia Lummis
This bold move, declared just hours after Donald Trump’s re-election, could redefine the US fiscal strategy, but at the same time raises questions on its feasibility, impact on US debt, policy barriers and market volatility.
Go to Source
Author: Marcel Pechman
