Investing.com — The prospect of a U.S. Strategic Reserve appears to be gaining traction, with a nod from Senator Cynthia Lummis and endorsement from Binance founder Changpeng Zhao, known as CZ.
On Thursday, it was announced that Senator Lummis is to chair the Senate Banking Subcommittee on Digital Assets.
Lummis tweeted about her commitment to advancing digital asset legislation. She emphasized the need for Congress to pass a bipartisan framework that not only fosters innovation in digital assets but also strengthens the U.S. dollar with a “strategic bitcoin reserve.”
“Digital assets are the future, and if the United States wants to remain a global leader in financial innovation, Congress needs to urgently pass bipartisan legislation establishing a comprehensive legal framework for digital assets and that strengthens the U.S….
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