U.S. Marshals Service Can’t Say How Much Crypto It Holds, Complicating Bitcoin Reserve Plan
The agency has been plagued with procedural and organizational issues for years.
Cynthia Lummis
As One State Gets Closer on a Crypto Reserve, Others Jump Into the Fray
Utah cleared its digital assets bill through the state house, and Kentucky and Maryland introduced their own efforts, making it 18 states working on such bills.
Can a Strategic Bitcoin Reserve Move Forward Without Congress? Experts Disagree
It’s unclear whether the U.S. government has the authority to use seized bitcoin to constitute a strategic reserve.
Top Republican Retains Hope U.S. Crypto Legislation Can Get Done This Year
Sen. Cynthia Lummis said the window is closing, but it’s not shut yet.
Bitcoin as a Strategic Reserve
Over the weekend, former U.S. President and current Republican nominee Donald Trump and a number of lawmakers spoke at the Bitcoin Nashville conference. The biggest piece of news everyone has been talking about was Trump and Sen. Cynthia Lummis’ proposals to create a strategic reserve for Bitcoin, but the event also served as Sen. Tim Scott’s entry into actual crypto discussion.
Crypto for Advisors: Crypto and Politics in the U.S.
The combination of political support, institutional adoption and favorable economic policies sets the stage for a potentially significant upward trajectory.
Making Bitcoin a Strategic Reserve Asset Contradicts ‘Freedom From Government’ Narrative, Says WSJ
Donald Trump’s plan to make bitcoin a so-called strategic reserve asset doesn’t make much sense, the editorial board of the Wall Street Journal wrote in an op-ed Tuesday.
Trump’s Talk of Bitcoin Reserve for the U.S. Leaves Industry Waiting for More Details
Former President Donald Trump, a sitting U.S. senator and some of the biggest names in bitcoin {{BTC}} investing all seem to agree that the U.S. should begin building a reserve of the most prominent crypto token. But concrete details are few, and it’s not an idea that’s likely to be executed anytime soon.
Senator Lummis Proposes the U.S. Buy 1M Bitcoin to Reduce National Debt
Senator Cynthia Lummis on stage in Nashville with a copy of her bitcoin reserve bill (Danny Nelson/CoinDesk)
Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut
U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee who may be in position to be its next chairman, argued at a Bitcoin 2024 appearance on Friday that the government should “make it easy” for the crypto industry to innovate in the U.S.