Aug 15, 2025

Cynthia Lummis Backs Budget-Neutral Bitcoin Reserve – Using Seized Crypto, Not Purchases

Cynthia Lummis has supported Scott Bessent’s statement that the U.S. has said it will not buy Bitcoin for the Strategic Bitcoin Reserve, favoring a budget-neutral path using forfeited assets and a possible gold revaluation, as Bitcoin has hit fresh highs.

The post Cynthia Lummis Backs Budget-Neutral Bitcoin Reserve – Using Seized Crypto, Not Purchases appeared first on Cryptonews.

Source: Cryptonews →