Lummis's proposal reflects a growing recognition of Bitcoin's potential as a legitimate asset class. By advocating for a Bitcoin reserve, she aims to enhance the U.S. government's financial strategy and ensure that it remains competitive in the global economy. This shift could also signal a broader acceptance of cryptocurrencies within traditional financial systems, potentially influencing future policy decisions regarding digital assets.
Senator Lummis says Treasury should convert gold for Bitcoin reserve
The United States government has the biggest gold reserves in the world, with over 8,000 tons of the precious metal on its balance sheet.

[Source](https://cointelegraph.com/news/senator-lummis-says-treasury-should-convert-gold-bitcoin-reserve)
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