US Republican House members to simultaneously introduce bill with Senate to formalize 'Bitcoin (BTC) Strategic Reserve Plan'
JH Kim
Summary
- US Senator Cynthia Lummis announced she has reintroduced a bill for the government's 'Bitcoin (BTC) Strategic Reserve Plan'.
- Multiple Republican House members will introduce a companion bill in the House.
- The bill reportedly includes BTC purchases worth $1 million, drawing significant attention from investors.
Pro-cryptocurrency US Senator Cynthia Lummis has reintroduced a bill to formalize the government's 'Bitcoin (BTC) Strategic Reserve Plan', while multiple Republican House members are set to introduce a companion bill in the House.
On the 11th (local time), Fox Business reporter Eleanor Terrett explained via X (formerly Twitter) that "it will be interesting to see if there are any Democratic members who support this bill in the future."
Meanwhile, Senator Lummis's reintroduced bill reportedly includes provisions related to the purchase of $1 million worth of BTC.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
