US Senator Cynthia Loomis has proposed allowing the Federal Reserve to hold bitc
U.S. Senator Cynthia Loomis of Wyoming recently raised the possibility of turning bitcoin into a reserve asset and proposed how the plan could be implemented, including involving the Federal Reserve.
Loomis said she wants to give the Federal Reserve the ability to buy and hold BTC as part of a larger strategic bitcoin reserve program to deal with the national debt. I want to give it to them. I want our federal government to have a strategic bitcoin reserve to help support the dollar as the world's reserve currency.