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US Bitcoin Reserve: Lummis Confirms Treasury Probes Direct BTC Buys

Summary by Cryptocurrency News | Cryptocurrency Prices | Market Cap
In an interview with Bitcoin commentator Natalie Brunell, Senator Cynthia Lummis (R-WY) reaffirmed her commitment to establishing a US Strategic …
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BTC PEERSBTC PEERS

55th Reason For National Bitcoin Reserve: Large-Scale Transactions Skip Multiple Intermediaries With Crypto Settlement

Bitcoin's blockchain technology enables national governments to conduct major financial transactions without relying on multiple third-party intermediaries. When nations engage in large-scale infrastructure projects or defense procurement deals worth billions, traditional settlement methods require various banks, clearinghouses, and financial institutions to verify and process payments. This often takes days or weeks to complete. Bitcoin offers …

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Cryptocurrency News | Cryptocurrency Prices | Market CapCryptocurrency News | Cryptocurrency Prices | Market Cap

US Bitcoin Reserve: Lummis Confirms Treasury Probes Direct BTC Buys

In an interview with Bitcoin commentator Natalie Brunell, Senator Cynthia Lummis (R-WY) reaffirmed her commitment to establishing a US Strategic …

Read Full Article
investincryptonews.cominvestincryptonews.com

Lummis Confirms Treasury Probes Direct Buys - Invest In Crypto News

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In an interview with Bitcoin commentator Natalie Brunell, Senator Cynthia Lummis (R-WY) reaffirmed her commitment to establishing a US Strategic Bitcoin Reserve (SBR), disclosing that the Treasury Department is probing its legal authority to purchase and custody BTC on behalf of the federal government. The senator believes such a move could signif…

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BitcoinistBitcoinist

Bitcoin Reserve: Lummis Confirms Treasury Probes Direct Buys

In an interview with Bitcoin commentator Natalie Brunell, Senator Cynthia Lummis (R-WY) reaffirmed her commitment to establishing a US Strategic Bitcoin Reserve (SBR), disclosing that the Treasury Department is probing its legal authority to purchase and custody BTC on behalf of the federal government. The senator believes such a move could significantly reduce the national debt over the long term. Senator Lummis Pushes Bitcoin Reserve Lummis po…

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Bitcoinist broke the news in on Wednesday, April 2, 2025.
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