"The BITCOIN Act, formally titled the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act, authorizes the U.S. Treasury to acquire up to one million Bitcoin over a five-year period to stock a strategic reserve, with a mandatory 20-year holding period."
"Lummis has publicly held Bitcoin since 2013 and has spent her Senate tenure focused on establishing a regulatory and legislative framework for digital assets in the United States."
"As recently as February 2026, Lummis pressed Treasury Secretary Scott Bessent on digital asset taxation, including a potential de minimis exemption for small transactions."
Cynthia Lummis, a Republican senator from Wyoming, has been confirmed as a speaker at Bitcoin 2026. She chairs the Senate Banking Subcommittee on Digital Assets and has been a proponent of digital asset legislation. Her BITCOIN Act aims to authorize the U.S. Treasury to acquire one million Bitcoin for a strategic reserve. Lummis has also co-sponsored the GENIUS Act for stablecoin regulation and introduced a tax exemption for small Bitcoin transactions. She will not seek reelection in 2026, with several legislative efforts still pending.
Read at Bitcoin Magazine
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