Home > Quick > Body

US Senator Cynthia Loomis has proposed allowing the Federal Reserve to hold bitcoin

clock
2024-12-22 19:06:32
U.S. Senator Cynthia Loomis of Wyoming recently raised the possibility of turning bitcoin into a reserve asset and proposed how the plan could be implemented, including involving the Federal Reserve.
Loomis said she wants to give the Federal Reserve the ability to buy and hold BTC as part of a larger strategic bitcoin reserve program to deal with the national debt. I want to give it to them. I want our federal government to have a strategic bitcoin reserve to help support the dollar as the world's reserve currency.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.