Sen. Cynthia Lummis (R-Wyo.) expressed optimism that certain aspects of the proposed strategic Bitcoin (CRYPTO: BTC) reserve could begin to take shape following President-elect Donald Trump’s inauguration ceremony.
What happened: During an interaction on X spaces hosted by asset manager VanEck on Tuesday, the Republican said she was hopeful of things moving in 2025 but stopped short of giving a specific timeline.
Lummis said that certain actions on the proposed bill could be taken even before it gets congressional approval.
“If we win with the schedule that is proposed in the BITCOIN Act, we could just start by using our existing asset forfeiture Bitcoin to fund the first year of it,” she stated. “And then start converting our gold certificates …
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