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Wyoming senator plans to ask the Fed to treat BTC as a strategic reserve asset
According to Jinse Finance, Wyoming Senator Cynthia Lummis plans to announce a strategic BTC reserve legislation at the BTC conference in Nashville, requesting the Federal Reserve to include BTC as a strategic reserve asset. Lummis hopes to announce this plan before former President Trump’s speech and seeks his support. This legislation aims to include BTC in the Federal Reserve’s reserves, similar to gold and foreign currencies, to stabilize the value of the US dollar.