The Strategic Bitcoin Reserve Act will soon ramp up in Congress.
During Code and Country at the Bitcoin Conference, Sen. Cynthia Lummis (R-WY) mentioned that as soon as stablecoin bills are passed through Congress and signed into law, the Republicans were ready to gun on creating the Reserve. “It’s gonna be a heavier lift than I thought,” she added, because after watching her colleagues debate the GENIUS Act, it was clear that many of them “don’t understand” crypto.