Bitcoin

<ul><li>Senator Lummis proposes a U.S. Bitcoin reserve to back the dollar and reduce debt.</li><li>The plan includes acquiring 1M Bitcoin over five years, projecting $16T in 20 years.</li><li>Lummis defends Bitcoin as “digital gold,” citing long-term growth and finite supply.</li></ul>U.S. Senator Cynthia Lummis has responded to Federal Reserve Chairman <a href="https://cryptotale.org/bitcoin-xrp-doge-drop-amid-powells-rate-cut-signals/" rel="noopener noreferrer nofollow">Jerome Powell’s </a>stance on Bitcoin ownership. She discussed a proposal for a national Bitcoin reserve strategy that could help address America’s growing national debt and strengthen the U.S. dollar’s position as the world’s reserve currency.In a recent interview with Yahoo Finance, Lummis addressed Powell’s statement about the Federal Reserve’s inability to own <a href="https://cryptotale.org/imfs-1-4b-deal-revamps-el-salvadors-bitcoin-policies/" rel="noopener noreferrer nofollow">Bitcoin</a>. She emphasized that this limitation is purely a matter of current legal authority rather than a fundamental obstacle. “I want to give it to them,” Lummis stated, proposing legislation that would allow the federal government to establish a strategic Bitcoin reserve. <a href="https://cryptotale.org/senator-lummis-proposes-federal-reserve-bitcoin-bill-report/" rel="noopener noreferrer nofollow">Read More on CryptoTale </a> Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Senator Lummis Proposes Federal Reserve Bitcoin Bill: Report

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