American countries before feeding the infant reserves for Bitcoin: Lummis

More than 30 American countries investigated the idea of ​​public funded Bitcoin reserves, with at least two jurisdictions approaching the passage of related legislation.

Policy manufacturers in Washington did not agree on federal laws to create Bitcoin (Btc) Reserved, Vioming Republic Senator and Chairman of the Subsiders of Senate Banking on Digital Property, in Cynthia Lummis is in New York Bitcoin Investor Sunday.

Utah and Arizona They pushed the proposals for buying Bitcoin using public funds, although not all lawmakers support the idea of ​​State Bitcoin reserves.

Since Donald Trump passed oath as American President, MontanaNorthern Dakota and Vioming, Lummis’s home country, rejected Bitcoin spare accounts. MPs in these countries have stated concerns about the crypto speculation and risks for digital assets, despite almost $ 100 billion in institutionality of Bitcoin through stock market funds at Wall Street.

In Senat, Lummis introduced a bill proposing that the Federal Reserve replaces part of its gold reserves for Bitcoin. If it was passed, the law would require US government to obtain Up to 5% of Bitcoin Total Offer for Five Years.

In the White House, AI and Crupto Czar David Sacks confirmed the Trump interest in establishing the National Reserve Bitcoin during the statement at the beginning of February. However, he recognized This progress was still in the early stages and that the concept was in assessment.

Lummis resonated similar feelings in New York 28. February, listing, “We don’t have enough people comfortable in the house and the Senate to do it yet,” said Senator Vioming.

StableCoins is likely to be a starter gun for digital funds. Lawmakers in both Senate And the house presented the bills by standardizing stablecoin rules. At the first subcommittee of the Bank for Senate Banking hearing Focus on the CRIPTO rule rule, senators and industry experts equally contracted regulations on stablecoins should be priority.