Summary
- Senator Cynthia Lummis stated that President Trump supports the 'Bitcoin Act'.
- This bill includes the goal for the government to purchase a total of 1 million Bitcoin (BTC) over five years and is expected to be introduced to Congress next week.
- It was reported that the Trump administration is formalizing a friendly policy towards virtual assets.
Cynthia Lummis, a U.S. Senator, attended the 'Bitcoin 2025' conference in Las Vegas on the 27th (local time) and stated, "President Donald Trump supports the 'Bitcoin Act'," adding that "this bill, which includes the purchase of 1 million Bitcoin (BTC), is expected to be introduced to Congress next week."
Senator Lummis mentioned, "Economic power is as important as military power," indicating that the view of Bitcoin as a strategic asset is being strengthened at the White House level.
The Bitcoin Act, proposed by Senator Lummis, aims for the government to accumulate a total of 1 million BTC over five years.
This statement is noteworthy as it supports the interpretation that the Trump administration is formalizing a friendly policy stance towards virtual assets, including Bitcoin.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
