Top Five Stories of the WeekSen. Lummis introduces Bitcoin Strategic Reserve bill in SenateOn July 31, Senator Cynthia Lummis officially introduced the Bitcoin Strategic Reserve bill, which would direct the United States government to start a reserve fund for the scarce decentralized asset. More specifically, the bill would establish a decentralized network of secure Bitcoin vaults under the control of the United States Treasury. The bill also directs lawmakers and bureaucrats to enact strict cybersecurity parameters and other physical security measures to ensure that Bitcoin funds are not sto…
