News View Non-AMP

Breaking: Senator Lummis Says ‘A Bitcoin Reserve Could Be Audited Anytime 24/7 With Basic Computer’

Published by
Anjali Belgaumkar

Senator cynthia lummis 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.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Uniswap (UNI) Price Set for 30% Surge? Key Levels to Watch

UNI, Uniswap's native token, appears bullish and is poised for massive upside momentum after a…

April 2, 2025

M2 Money Supply vs. Global Liquidity: Don’t Get Mistaken!

The crypto market is always shifting based on global money trends, but a new debate…

April 1, 2025

XRP’s Worst-Case Scenario Could See a Drop to $0.30

XRP holders are finding themselves at a crossroads as recent market trends raise questions about…

April 1, 2025

Bitcoin’s Price Dropped by 5%—Experts are Seizing the Moment: RUVI AI’s Token Presale Launching in a few Hours

Bitcoin, the flagship cryptocurrency, has taken a hit with a 5% drop in its price.…

April 1, 2025

Will Dogecoin (DOGE) Crash or Skyrocket?: Data

Amid market uncertainty, Dogecoin (DOGE), a popular and the world’s largest crypto meme coin, appears…

April 1, 2025

Should Shiba Inu (SHIB) & Dogecoin (DOGE) Be Worried? Panshibi (SHIBI) Emerges As Best New Investment Pick This Easter!

According to historical footprints in the global crypto market, festive seasons are always important for…

April 1, 2025