Senator Centeh Lomes reaffirmed its commitment to the progress of legislation that would create a strategic reserve for bitcoin in the United States. Speaking in Washington, DC, she discussed the progress of the proposed bitcoin baccalaureate bill, which aims to strengthen the country’s financial system by integrating bitcoin into national reserves and at the state level.
The draft law suggests that the United States government gradually obtain a million Bitcoin over a period of five years and bear it for at least 20 years. Lummis emphasized that this initiative will not require raising taxes, but it will use the current financial assets within the Federal Reserve and the Treasury.
Sinth Lomes plans to pass the Bitcoin Bill
in A recent interviewThe American Senator Centeh Lomes said that she is trying to gather supporters of the Senate to create a bitcoin reserve strategy. The law needs sixty votes for approval, and this will be possible only if Republicans and Democrats support the bill. Lummis emphasized that the interaction with legislators was good, but more efforts should be made to strengthen the bill.
“We are currently discussing the presentation at the present time to form a group of two parties that will make it pass,” said Centeh Lomes.
She also indicated that many members of Congress are interested in policies as well as policies that suspect future stability of the US dollar. Supporters of the draft law have found that saving in Bitcoin currencies is a vibrant hedge against inflation to secure the US dollar as well as enhance the country’s competitiveness as a global financial power.
“Bitcoin is not just a speculative investment-it is a value of value that can provide long-term financial security for the United States,” she said.
Besides the United States, the Bitcoin strategic idea has now become topical among encryption leaders, and the European Union Zhao urges the European Union to lure it in its reserves.
Initiatives at the state level and increased support
While the federal government still decides the issue of Bitcoin reserves, several states in the United States have moved forward with similar decisions. Dennis Porter, CEO of the Satoshi Action Fund, said that fifteen State of America, including Utah, Ouyu, Montana and Florida, had reached legislation to form a country -based bitcoin reserves.
Lummis, who was a treasurer in Wyoming, believes that these measures will be carried out by the states before the federal government.“The countries are the country’s creators,” she said. She pointed out that countries that cannot print money or spend as much as they like require assets like Bitcoin to ensure their stability.
In Utah, legislation on the strategic Bitcoin reserves has been approved recently through the Digital Asset Square. Porter said he was completely optimistic that Utah could be the first country to pass such legislation, given the 45 -day short session and political support.
Trump administration role in Bitcoin policy
American Senator Centeh Lomes revealed that the Trump administration is already talking about Bitcoin and other digital assets. Trump recently expressed his support to adopt a bitcoin reserve position in conjunction with Lummis to include Bitcoin in the National Treasury.
“We have a very good cooperation with the administration,” Lomes said. She noted that many people from the Trump administration, such as the candidate for the Minister of Treasury and the Director of the Supreme Education Council for digital assets, have a positive position towards Bitcoin. She then indicated that the new proposed Republican appointed by the Minister of Health and Humanitarian Services, Robert F, Kennedy Junior, called for a bitcoin reserve at a much higher level than Leomes.
Al -Senator also expressed his dissatisfaction with the policies of the previous administration regarding digital assets due to some federal agencies that restrict bank services for encryption work. It also claimed, based on a whistle hideout, that the records related to these restrictions were torn at FDIC. According to Lummis, the fighting continues to ensure that such procedures are not made again and that all Bitcoin companies are treated fairly.
With the support of many countries and an increasing number of legislators, Senteia Lums remains optimistic about the future of the bill. She emphasized that the establishment of Bitcoin reserves is necessary to strengthen the US dollar and ensure financial stability.
She concluded that “this is a necessary step to secure our economic future, and I am completely committed to achieving this.”
Kelvin Monin Murithi
Kelvin is a distinguished writer who has experience in encryption and financing, holding a Bachelor’s degree in Actura Sciences. It is famous for its careful analysis and insightful content.
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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