US Commerce Secretary Howard Lutnick Affirms Pro-Bitcoin Stance, Senator Lummis Signals Potential US Purchase of 1 Million Bitcoins

US Commerce Secretary Howard Lutnick has expressed strong support for Bitcoin, comparing it to gold and emphasizing that the previous administration’s negative stance on the cryptocurrency is now a thing of the past. Lutnick stated that the United States will remain pro-Bitcoin indefinitely, highlighting its benefits for freedom and the economy. He asserted that no one should be prevented from using Bitcoin. Additionally, Senator Lummis has indicated that the US is considering purchasing one million Bitcoins, signaling a potential large-scale government investment in the cryptocurrency. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant