On May 27th (local time), at the 'Bitcoin 2025' conference in Las Vegas, United States, Senator Cynthia Lummis from Wyoming emphasized that "Bitcoin is no longer just a digital asset, but a core element of national security and economic strategy" and that "the Strategic Bitcoin Reserve (SBR) is an essential asset for maintaining U.S. sovereignty and global leadership".
Lummis: "Under Trump's Support, Submitting Strategic Reserve Bill... Need to Hold 5% Bitcoin Like Gold"
Senator Cynthia Lummis explained the legislative progress of 'The Bitcoin Act', which includes the Strategic Bitcoin Reserve bill, stating that "Bitcoin is not just a digital asset, but a key means for national security and economic sovereignty".
She revealed that "President Trump fully supports the bill, and a dedicated digital asset team has been formed at the White House, pursuing policies in the order of stablecoins, market structure, and Strategic Bitcoin Reserve".
She added that "among high-ranking military officers, the importance of strategic response through economic power is being emphasized, which is directly linked to Bitcoin ownership". Senator Lummis argued that "just as the U.S. holds about 5% of global gold reserves, it should at least hold the same level of Bitcoin as a strategic asset".
Justice: "Bitcoin is the Key to Economic Recovery... Convincing the Public is Crucial"
Senator Jim Justice, former governor of West Virginia, claimed that "Bitcoin is the economic key to solving the $37 trillion national debt problem the U.S. is facing" and that "Bitcoin should be actively introduced as a strategic asset".
He emphasized that "the biggest challenge for the political sphere is to lead the general voters, 'Toby and Edith', to understand and directly use Bitcoin" and that "the day Bitcoin can be used at Walmart is when legislation and system reforms will shine".
Senator Justice said that "just as West Virginia overcame financial difficulties with economy-centered policies in the past, the entire U.S. should strategically utilize Bitcoin with the economy at the center".
"The Bitcoin Act: A Digital Strategy to Restore U.S. Sovereignty and Leadership"
In this session, the three senators unanimously emphasized that "Strategic Bitcoin Reserve goes beyond a simple investment concept, and is an essential strategy in the digital age for national security and recovering global leadership".
Senator Lummis stated that "so far, 30 states have reviewed the Strategic Bitcoin Reserve bill, with Arizona, Texas, and New Hampshire already passing it" and that "the U.S. can leap forward again as a world-leading nation based on the innovation of state governments".
Concluding the session, Lauren Post, Vice President of Kraken, commented that "this conference went beyond a simple technology presentation and became a key dialogue forming the future financial strategy of the United States".
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