"US Will Introduce Bitcoin (BTC) Strategic Reserve at State Level Before Federal Level"

Source
JH Kim

Summary

  • According to reporter Eleanor Terrett, pro-cryptocurrency Senator Cynthia Lummis mentioned the possibility of introducing Bitcoin (BTC) strategic reserves at the state level first.
  • Senator Lummis stated that implementation at the state level would happen before adoption at the federal level.
  • She revealed that there are not enough members in the House and Senate to process the introduction of reserves.

According to Fox Business reporter Eleanor Terrett on the 28th (local time), pro-cryptocurrency US Senator Cynthia Lummis stated, "The United States will see states pursue Bitcoin (BTC) strategic reserves before introducing them at the federal level," adding that "there are still not enough members in the House and Senate to process this."

publisher img

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
What did you think of the article you just read?