{"id":141666,"date":"2024-11-07T18:00:13","date_gmt":"2024-11-07T16:00:13","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141666"},"modified":"2024-11-07T12:47:55","modified_gmt":"2024-11-07T10:47:55","slug":"trumps-bitcoin-reserve-vision-receives-strong-support-across-parties","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/trumps-bitcoin-reserve-vision-receives-strong-support-across-parties\/","title":{"rendered":"Trump&#8217;s Bitcoin Reserve Vision Receives Strong Support Across Parties"},"content":{"rendered":"<p>Trump plans to make <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>a cornerstone of the country\u2019s economic recovery, with the initiative set to begin after his inauguration on January 20.<\/p>\n<p>Senator Cynthia Lummis has been a leading advocate for this initiative, introducing legislation for a strategic Bitcoin reserve on July 31. Lummis sees Bitcoin as essential to securing the U.S. economy\u2019s future and reinforcing the country\u2019s global financial leadership.<\/p>\n<p>She and Trump both <strong><a href=\"https:\/\/x.com\/SenLummis\/status\/1854208373740458432\" rel=\"nofollow\">highlighted<\/a> <\/strong>Bitcoin\u2019s potential at the 2024 Bitcoin National Conference, and Lummis reaffirmed her commitment to the plan, declaring, \u201cWe are going to build a strategic Bitcoin reserve.\u201d<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-141607\" href=\"https:\/\/cryptodnes.bg\/en\/michael-saylor-supports-u-s-proposal-for-strategic-bitcoin-reserve\/\" title=\"Michael Saylor Supports U.S. Proposal for Strategic Bitcoin Reserve\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/mike-saylor-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Michael Saylor Supports U.S. Proposal for Strategic Bitcoin Reserve<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>The <strong><a href=\"https:\/\/www.lummis.senate.gov\/press-releases\/lummis-introduces-strategic-bitcoin-reserve-legislation\/\" rel=\"nofollow\">proposal<\/a> <\/strong>aims to acquire one million BTC\u2014about 5% of the total supply\u2014by utilizing funds from the Federal Reserve and Treasury. It includes decentralized Bitcoin vaults managed by the Treasury, a Bitcoin purchase program, and protections for self-custody rights.<\/p>\n<p>The initiative has gained bipartisan support, with Democratic Representative Ro Khanna also backing the plan, urging the Federal Reserve to accept Bitcoin as a reserve asset and pushing for the Democratic Party to adopt pro-crypto policies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Donald Trump&#8217;s election as the 47th U.S. president has sparked renewed interest in creating a national Bitcoin reserve.<\/p>\n","protected":false},"author":7,"featured_media":138566,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72,424,243,122],"coin_category":[],"class_list":["post-141666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-crypto","tag-federal-reserve","tag-trump"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trump&#039;s Bitcoin Reserve Vision Receives Strong Support Across Parties<\/title>\n<meta name=\"description\" content=\"Donald Trump&#039;s election as the 47th U.S. president has sparked renewed interest in creating a national Bitcoin reserve.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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