Senator Cynthia Lummis introduced the "Bitcoin Act of 2024" bill, proposing the creation of the U.S. Strategic Bitcoin Reserve. It includes the purchase of 1 million bitcoins over 5 years, their storage for at least 20 years, and the use of federal transfers to fund the program. The reserve will be decentralized and open to independent audits, with the possibility for states to store assets in separate accounts.
11/16/2024 10:53:34 AM (GMT+1)
Senator Cynthia Lummis introduced the "Bitcoin Act of 2024" bill, proposing the creation of the U.S. Strategic Bitcoin Reserve with the purchase of 1 million BTC over 5 years 🚀
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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