US Senator Cynthia Lummis is advocating for the Bitcoin Strategic Reserve Act, aligning with a proposal by President-elect Donald Trump at the National Bitcoin Conference. The act seeks to enhance the United States' role in Bitcoin adoption.

Lummis suggests selling gold as a funding measure, highlighting a shift from the Biden administration's regulatory framework on cryptocurrencies.

This move indicates a significant strategic direction change, potentially positioning the US at the forefront of the global Bitcoin landscape.