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Senator Marsha Blackburn turned on expectations in a new Bitcoin Policy Summit event when pointing out a strong presidential impulse to buy 1 million Bitcoin (BTC) for the reservation of this strategic asset in the United States. However, Senator Cynthia Lummis, author of the project, stopped the enthusiasm by clarifying that the laws on the market structure and the stablcoins are priority, placing the vote of her initiative for the historic purchase of Bitcoin “with luck in the next calendar year.”

The statements of both senators unleashed a whirlwind of interpretations on social networks, where It was wrongly stated that the bill to acquire 1 million BTC would advance faster than any other regulation of the digital asset ecosystem. However, reality, as can be seen from its interventions, draws a more complex and nuanced panorama.

Blackburn injected urgency into the debate by directly linking Lummis’s legislative project with an executive order of Donald Trump. “The Bitcoin Law of Cynthia, with the support of the president, has a significant impact. More and more members of the Congress recognize its value to protect us against exchange risk and manage national debt,” said Blackburn, suggesting that this legislation could exceed other legislative initiatives in priority. His words promoted the narrative of an imminent advance.

Senators Marsha Blackburn and Cynthia Lummis during a talk about Bitcoin.
The senators during their speech at the Bitcoin Policy Institute event on Wednesday, June 25. Source: YouTube/Bitcoin Policy Institute.

However, Senator Lummis established a more methodical roadmap. “I think we will first deal with the structure of the market and the stablecoins,” he said. Its schedule points to 2026 as the most realistic horizon to discuss its strategic reserve proposal of Bitcoin.

Despite this difference in the schedule, both senators agreed that the creation of a strategic reserve will strengthen the US position as a leader in financial innovation.

In any case, the debate underlines the tension in the Capitol. This is because, on the one hand, There is a strong political appetite for adopting the pioneer digital currency As a strategic asset, backed by the highest sphere of the Executive Power, and, on the other, the legislative pragmatism that prioritizes first to establish the fundamental rules of the digital asset market.

In such a way that while Congress advances with the regulation of the stablcoins or genius law, the purchase of a good lot of the currency created by Satoshi Nakamoto and the future of the strategic reserve of Bitcoin, although promising, awaits its turn.

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