U.S. Senator Cynthia Lummis announced a bill concerning the Federal Reserve in the context of Donald Trump's victory. She confirmed plans to create a strategic bitcoin reserve and introduced the project known as the "Bitcoin Act."
The project involves the Federal Reserve accumulating up to 5% of the total bitcoin supply, targeting 1 million BTC annually. With the Republican Party controlling the Senate and the House of Representatives, the chances of the bill's passage are significantly increased.
If the bill is passed, it would position the U.S. as the largest bitcoin holder among nations and strengthen the country’s influence in the digital asset sphere.
