Senator Cynthia Lummis wants the government to ‘hodl’ millions in Bitcoin Senator Cynthia Lummis introduced yesterday the Bitcoin Strategic Reserve bill, aiming to establish a dedicated reserve fund for Bitcoin (BTC), a scarce decentralized asset. The proposed legislation would create a “decentralized network of secure Bitcoin vaults” managed by the US Treasury, ensuring that BTC
The rules would cover brokers, but may signal an advance in crypto oversight in the US The Department of the Treasury and the Internal Revenue Service (IRS) released a proposal for cryptocurrency regulations focused on the reporting requirements of brokers. While the move doesn’t signal a major shift in policy, it might be a sign
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