Wyoming Senator Cynthia Lammis, known as the “Bitcoin Senator,” has identified 2025 as a pivotal year for Bitcoin and crypto, with several proposed policies and key government positions expected to converge and spur change.
“With David Sachs as crypto czar, this will be digital asset management like never before,” Lummis wrote on X. [Sacks] To pass comprehensive digital asset legislation and my strategic bitcoin holdings.
Earlier this month, Donald Trump He was appointed Venture capitalist Sachs to oversee artificial intelligence and crypto policies next year.
The president-elect has pledged to protect domestic crypto mining interests, maintain regulation and make the US the “crypto capital” of the world.
On the last two points, Sacks “will work on a legal framework, so that the crypto industry has been asking for transparency and can thrive in America,” Trump on December 6.
Loomis' enthusiasm follows a reshuffle of key government officials, including a new SEC chairman, as Trump prepares to enter the White House for a second term as president.
Central to the senator's vision is the Innovation, Technology and Competitiveness in Facilitated Investment National Act, also known as the “Bitcoin Act.”
of Law She proposed the establishment of a strategic bitcoin reserve, which she described as “a network of secure escrows, a buyback program and other programs to ensure transparency of the federal government's bitcoin holdings.”
The initiative aims to collect 1 million Bitcoin – 5% of the total supply – within five years. Instead of creating more debt, the reserve would be financed by reallocating Federal Reserve assets such as bonds and gold.
“This Bitcoin law is going to make a difference for this country,” Lummis said at the time Speech Four months ago at the Bitcoin conference in Nashville. “With systematic Bitcoin accumulation, before 2045, we will have the assets to halve our debt.”
In addition, the law mandates a 20-year retention period for these assets, which emphasizes long-term commitment to the asset.
According to Arkham Intelligence DataThe U.S. government holds an estimated $21 billion in bitcoin holdings, primarily in criminal cases. If passed, the Bitcoin Act could merge these holdings with the strategic reserve.
The federal push mirrors the revival at the state level. Ohio Representative Derek Marine Introduced Treasury bills Tuesday to allow public funds to be invested in Bitcoin.
Pennsylvania legislation, introduced by Representative Mike Cabell; wants To allocate up to 10% of the state's treasury reserves to Bitcoin to protect against inflation.
Meanwhile, Texas has proposed that Funding the reserve with donations and allowing Bitcoin payments for taxes and fees.
Edited by Sebastian Sinclair.
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