Support For Bitcoin Strategic Reserve Soars: Over 2,200 Letters Flood Senate

Quick Summary:

Over 2,200 letters addressed to US senators within only 48 hours asking their support have given the proposed Bitcoin Strategic Reserve law great momentum.

This grassroots initiative fits with the recent Bitcoin Act proposal by Senator Cynthia Lummis, which seeks to create a distributed network of safe Bitcoin vaults run by the US Treasury.

Senators requesting them to co-sponsor and support the ‘Strategic Bitcoin Reserve’ bill.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: Hungary

Topics: Lummis Btc Crypto Crypto News Bitcoin Digital currency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-04 @ 07:49:20 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 486 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 21912983

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 8 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 11 hours ago

Coverage Areas: Hungary

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Publication Timezone: GMT +8:00

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Publisher ID: #105

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