Bitcoin Strategic Reserves Act is supported by U.S. lawmakers and industry leaders

PANews reported on September 17 that according to Crypto In America, several U.S. congressmen and Bitcoin industry leaders discussed promoting the "BITCOIN Act" bill on Capitol Hill, proposing that the U.S. government purchase 1 million bitcoins in the next five years to establish a national strategic reserve. The bill was introduced by Senator Cynthia Lummis and aims to include Bitcoin in the state reserve assets. The meeting also discussed ways to buy coins without increasing the federal budget. Some participants said the meeting was productive and the industry is pushing the bill into its policy agenda.