Tag: Reserve
Posted in WP-12
In calls for government reserve, bitcoin backers eye legitimacy
Senator Cynthia Lummis, R-Wyo., speaks during the Bitcoin 2023 conference last year. During this year’s conference, Lummis said she would introduce legislation directing the Federal Reserve to create a strategic bitcoin reserve, a move that would be a boon to bitcoin investors but that critics say has little practical purpose.Bloomberg News Prominent politicians, including a …