US Senator Reiterates Support For Bitcoin As Reserve Asset

Quick Summary:

Popular cryptocurrency advocate and US Senator Cynthia Lummis has once again pushed for the adoption of Bitcoin as a reserve asset by the US government.

Lummis’ latest show of support for Bitcoin adoption came as the senator also kicked against the creation of a central bank digital currency (CBDC) for the American people.

Rather, Lummis has called for the creation of a legal framework that guarantees the integrity and protection of self-custody Bitcoin wallets.

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Article Details

Author / Journalist: Semilore Faleti

Category: Crypto

Markets: HungaryChina

Topics: Tom Emmer Crypto regulation Gary Gensler SEC CBDC US Dollar Reserve asset Bitcoin Senator lummis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-13 @ 11:30:07 (6 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 21593733

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News Last Updated: 9 hours ago

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Publisher ID: #105

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