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Senator Lummis Chairs Digital Assets Committee Senator Cynthia Lummis has been elected as chair of the Senate Banking Subcommittee on Digital Assets. Known for her strong support of #Bitcoin and blockchain technology, she aims to urgently pass laws creating a Strategic Bitcoin Reserve. This elevation marks a significant event for the crypto industry. The Senate Banking Committee is set to officially vote on this appointment tomorrow at 10 AM EST. Links: - Leviathan News - Watcher Guru - Fox Business #Lummis#DigitalAssets#Crypto#Bitcoin#Blockchain#USSenate#BitcoinReserve#VC#Regulation#Finance#Investment#Economy#Innovation

Illinois Considers Bitcoin Strategic Reserve Bill Illinois State Representative proposes a bill to create a Bitcoin Strategic Reserve, aimed at purchasing 200,000 BTC annually for five years and holding it for at least 20 years to significantly reduce the US national debt. In related news, Tesla confirms no Bitcoin sales in Q4 2024, while USDC Treasury burns over $67 million in USDC, further highlighting the evolving cryptocurrency landscape. #Bitcoin#USDC#Crypto#Illinois#Tesla#Regulation#DollarDebt#Reserve#BitcoinReserve#Finance#Investment#CryptoNews#Blockchain#Economy#Market#DigitalAssets#WhaleAlert#AssetManagement