Wyoming Senator Cynthia Lummis stated at the 2025 Bitcoin conference in Las Vegas that President Donald Trump supports the BITCOIN Act bill. Its authors propose to purchase 1,000,000 bitcoins for the treasury over five years using funds from the Federal Reserve and the Treasury without increasing the tax burden. This information appeared on X.

According to Lummis, a team of experts is already working in the White House, preparing not only this law but also regulations on stablecoins and a reform of the market structure of digital assets.

The stablecoin bill (GENIUS Act) is awaiting final voting, after which the White House plans to gradually promote initiatives for market infrastructure and the creation of a U.S. bitcoin reserve.

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