Those who cheered U.S. Bitcoin reserve have spent year watching Trump’s order languish
Senator Cynthia Lummis has introduced legislation to create the Bitcoin reserve but faces hurdles in the Banking Committee.
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tl;dr
A year after President Trump's executive order to create a Strategic Bitcoin Reserve, the initiative remains stalled due to a lack of congressional authorization. Proponents are now targeting the year-end defense bill as a last-resort legislative vehicle.
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CMCynthia M. LummisR-Wyoming
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