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Senator Cynthia Lummis, representing Wyoming in the U.S. Senate, has emerged as a leading advocate for Bitcoin, pushing for its integration into the national economy. Her most significant initiative, the Bitcoin Strategic Reserve, aims to enhance financial stability. Recently, she was appointed chair of the Senate Banking Subcommittee on Digital Assets, a key position in shaping Bitcoin-related regulations.
At Bitcoin 2025, Lummis will discuss Bitcoin's role in financial reserves, U.S. policy, and regulatory developments. Ticket prices are set to rise this Friday, but a special Valentine's Day promotion offers a discount with the code BTCBAY.
Reflecting on Bitcoin 2024, Lummis shared her surprise when President Trump publicly endorsed the Bitcoin Strategic Reserve before she even spoke. His support indicated a major shift in policy discussions, reinforcing Bitcoin's potential role in the U.S. economy. Trump has since remained a strong advocate, even proposing a sovereign wealth fund based on Bitcoin.
Lummis is also spearheading a newly established Senate subcommittee on digital assets. While key policymakers acknowledge digital assets' importance, many lawmakers still need education on Bitcoin. To address this, she is prioritizing a stablecoin bill to lay the groundwork for more comprehensive digital asset legislation.
One of the major challenges facing Bitcoin businesses is Operation Chokepoint 2.0, where financial institutions were pressured to cut ties with crypto-related companies. Lummis is leading efforts in the Senate to investigate these actions and ensure protections against future disruptions.
On the Bitcoin Strategic Reserve, discussions are ongoing about whether Trump could use executive action if Congress resists the proposal. The U.S. government already holds approximately 200,000 BTC from asset seizures, managed by the U.S. Marshals. Lummis is proposing that these holdings be transferred to the Treasury as the foundation for the Bitcoin reserve. Additionally, she is exploring whether outdated U.S. gold certificates could be evaluated and converted into Bitcoin.
State-level initiatives are also gaining momentum. Pennsylvania, Texas, and Wisconsin are actively considering the creation of state-based Bitcoin reserves. Internationally, the UAE and other nations are looking into similar strategies, increasing global interest in Bitcoin's role as "digital gold."
By Bitcoin 2025, Lummis expects tangible progress. With regulatory obstacles being exposed and state-level

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