May 11, 2025

Senator Lummis Proposes Selling Fed’s Gold To Fund Strategic BTC Reserve: Bloomberg

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The post Senator Lummis Proposes Selling Fed’s Gold To Fund Strategic BTC Reserve: Bloomberg appeared first on Coinpedia Fintech News According to a latest Bloomberg report, Republican Senator Cynthia Lummis of Wyoming has proposed to sell a part of the Federal Reserve’s gold holdings to purchase one million Bitcoins for the creation of a strategic bitcoin reserve. The Senator, an ally of Donald Trump, has a plan for filling up the president-elect’s proposed strategic Bitcoin …

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