Crypto industry figures will meet in Washington to boost the US Bitcoin Reserve

Main figures of the crypto industry will meet in Washington to promote a law that will contribute to the growth of the strategic reserve Bitcoin In the US.

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• Meeting organized by Senator Cynthia Lummis and representative Nick Begich to boost the Bitcoin Act.
• The bill proposes to acquire 1 million BTC in five years as strategic assets.
• Executives from recognized companies such as Strategy, Digital Marathon, Bitdeer, Riot and Cleanspark.

Tomorrow in Washington DC, USA, key figures of the crypto sector as Michael Saylor, co -founder of Strategy, and Fred Thiel, CEO of Digital Holdings Marathon, They will meet in the Capitol to promote legislation that could lead to the country to buy up to 1 million bitcoins.

Meeting to define the strategy Bitcoin In the US.

According to reports published in the afternoon, more than a dozen defenders of cryptocurrencies will congregate at a round table organized by Republican Senator Cynthia Lummis and representative Nick Begich. Both are copatrochinters of the bill destined to establish the “Bitcoin strategic reserve” In the United States, according to Hailey Miller, director of government relations and public policies in Digital Power Network (DPN), subsidiary of The Digital Chamber.

Lummis reintroduced the project in March “Boosting Innovation, Technology, and Competitiveness Through Optimized Investment Nationwide Act” either Bitcoin Act. If approved, This law would make the digital currency a strategic asset for the US reserve, following the executive order of President Donald Trump who created permanent possession BTC Similar to gold.

He Bitcoin Act establishes the acquisition of 1 million BTC in five years through “Neutral Budget Strategies”. The proposal extends Trump’s executive order that prohibited the sale of Bitcoin and other cryptocurrencies seized to the federal government, creating a “Stockpile” separated from cryptoactive obtained in criminal or civil processes.

The impulse for a strategic reserve arises in a context of growing legislative activity around cryptoactive ones. During the summer, American legislators approved the first specific law for Stablcoins and now seek to regulate the crypto industry comprehensively.

The way for him Bitcoin Act

Miller explained that DPN And other defenders of the sector want the creation of a strategic Bitcoin reserve to be a priority on the Washington agenda. In your words, “There is much that has been done in the digital asset space in recent months and there is even more to come this fall. Our real effort is to ensure that the Bitcoin Act and the Bitcoin strategic reserve are maintained as a priority.”

The project is faced with Financial Services Committee of the House of Representatives and the Senate Banking Committeealthough formal audiences have not yet been scheduled. Miller said that the next steps will be discussed at the round table for the Bitcoin Act And how to achieve bipartisan support, since for now it only has republican support.

Among the Republican participants will also attend executives in the sector, including Haris Basit, director of strategy of Bitdeer; Brian Morgenstern, senior vice president of public policies of Riot; and Matt Schultz, CEO of Cleanspark. The presence of corporate leaders seeks to strengthen the message that industry and government can collaborate to design a strategic framework for Bitcoin.

DPN will also share a page document that underlines the importance of Bitcoin Act, describing it as one “Bipartisan opportunity” to strengthen the technological and financial competitiveness of the United States against the rest of the world.

The debate on a strategic reserve of Bitcoin It could redefine the country’s monetary and technological policy. For the defenders of the sector, the institutional adoption of BTC Not only would he consolidate his role as a reserve active but also send a global leadership signal in the digital economy.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, freely used, licensed under public domain

WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.

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