Breaking: Senator Lummis Says ‘A Bitcoin Reserve Could Be Audited Anytime 24/7 With Basic Computer’
Senator Cynthia Lummis pushes for Bitcoin reserves in the U.S. to boost transparency and stability in financial policy.
Lummis leads Bitcoin integration efforts, with states like Texas eyeing strategic Bitcoin reserves. Could this reshape U.S. economic policy?
Senator Cynthia Lummis
Cynthia Lummis
Cynthia Lummis is a U.S. Senator and an advocate of cryptocurrency regulation in the United States. A passionate advocate for Bitcoin, she backs initiatives that foster blockchain advancement while providing regulatory certainty.
Quick Facts
Full name Cynthia Marie Lummis Wiederspahn Birth 10-09-1954, Cheyenne, Wyoming, United States Nationality American Education Juris Doctor from the University of Wyoming Husband/Partner Alvin Wiederspahn Net worth $13 million estimated
Cynthia Lummis introduced the BITCOIN Act of 2025, an innovative legislation that outlines a national cryptocurrency framework aimed at creating a Strategic Bitcoin Reserve (SBR) to improve America’s financial safety, international competitiveness, and economic independence.
Cynthia Lummis - Timeline and Events
2009 – Elected as U.S. Representative for Wyoming.
2013 – Advocated for digital financial innovation in Congress.
2020 – Elected as U.S. Senator, openly supporting Bitcoin.
2021 – Formed the Financial Innovation Caucus for crypto legislation.
2022 – Co-introduced the Lummis-Gillibrand Responsible Financial Innovation Act.
2023 – Pushed for clearer crypto regulations in the U.S. Senate.
2024 – Continued advocating for Bitcoin-friendly policies in Congress.
Through her efforts in Congress, she aims to establish the U.S. as a worldwide leader in blockchain technology, promoting financial innovation while safeguarding investor protection.
Useful Links To Connect With Cynthia Lummis
Platform Link X (formerly Twitter) twitter.com/CynthiaMLummis LinkedIn profile linkedin.com/in/cynthia-lummis Bitcoin policy blog bitcoinpolicyinstitute.org Official website lummis.senate.gov
Useful Links To Connect With Cynthia Lummis
Platform Link X (formerly Twitter) twitter.com/CynthiaMLummis LinkedIn profile linkedin.com/in/cynthia-lummis Bitcoin policy blog bitcoinpolicyinstitute.org Official website lummis.senate.gov
Investor an advocate for Bitcoin and financial innovation, has called for the United States to update its national reserves to include Bitcoin. Lummis, who represents Wyoming in the U.S. Senate, believes that a Bitcoin reserve could be audited 24/7 with just a basic computer, offering transparency and stability for the U.S. financial system. According to Bitcoin Magazine, she said, “A bitcoin reserve could be audited any time 24/7 with a basic computer. It’s time to upgrade our reserves.”
As the new chair of the Senate Banking Subcommittee on Digital Assets, Senator Lummis is pushing for legislative changes to integrate Bitcoin into U.S. economic policy. She has consistently advocated for regulatory clarity and Bitcoin-friendly policies. In a recent discussion, Lummis also opened up about the growing interest in Bitcoin reserves, not just within the U.S., but also from other countries like the United Arab Emirates.
Lummis shared that states like Pennsylvania, Texas, and Wisconsin are already considering creating their own strategic Bitcoin reserves, signaling a trend that could eventually influence federal policy. She said that states often act as incubators for innovation, and that a state-level Bitcoin reserve could serve as a model for broader adoption.
Lummis Leads Charge for Bitcoin Integration
As part of her advocacy, Lummis will be discussing the role of Bitcoin in U.S. reserves and its potential to stabilize the nation’s finances at Bitcoin 2025, a key event for the cryptocurrency community. She encouraged Bitcoin supporters to engage with lawmakers and work towards making a state the first to adopt a strategic Bitcoin reserve.
Senator Lummis remains optimistic about Bitcoin’s future, seeing it as an asset that could help reduce the U.S. national debt and provide a hedge against inflation. She envisions Bitcoin playing a crucial role in protecting the U.S. dollar’s position as the world’s reserve currency.
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