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U.S. Senator: Trump Supports Bitcoin Bill

2025.05.28 08:16:24

On May 28th, U.S. Senator Cynthia Lummis from Wyoming stated on Tuesday that former President Trump is in support of her proposed Bitcoin legislation. During a Bitcoin conference held in Las Vegas, Lummis said, "Trump has a team in the White House that is working on digital asset issues—ranging from stablecoins to market structure to the establishment of a Bitcoin strategic reserve. These initiatives may be rolled out in that order." The Senator's Bitcoin bill draft suggests the creation of a strategic Bitcoin reserve and proposes that the U.S. government purchase 1 million bitcoins within 5 years, with the funding coming from the Federal Reserve System and the Treasury's existing funds.
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