Bitcoin in Washington: Congress, the Treasury, energy and markets regulators, and federal reserve policy.
Bitcoin in Washington: Congress, the Treasury, energy and markets regulators, and federal reserve policy.
Sen. Cynthia Lummis's bill would direct the U.S. Treasury to purchase 1 million bitcoin over five years and hold it for at least 20 years in a Strategic Bitcoin Reserve. Introduced March 11, 2025 and referred to the Senate Banking Committee; no further action is recorded on Congress.gov. Companion bill: H.R. 2032 (Rep. Begich).
Why it matters: The federal benchmark: every state reserve debate is happening in this bill's shadow.
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