Just In: Senator Cynthia Lummis Proposes Fed Gold Sale To Buy 1M Bitcoin

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7 months ago bitnews

Republican Senator Cynthia Lummis of Wyoming is proposing a plan to sell part of the Federal Reserve’s gold holdings to fund the purchase of one million Bitcoin for a national strategic reserve. Cynthia Lummis, an ally of President-elect Donald Trump, introduced this concept as a way to increase federal Bitcoin holdings without adding to the The post Just In: Senator Cynthia Lummis Proposes Fed Gold Sale To Buy 1M Bitcoin appeared first on CoinGape .