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Home»Regulation»US Senators Receive 2,200 Letters in Support of Senator Lummis’s Pro-Bitcoin Bill in 48 Hours
US Senators Receive 2,200 Letters in Support of Senator Lummis's Pro-Bitcoin Bill in 48 Hours
Regulation

US Senators Receive 2,200 Letters in Support of Senator Lummis’s Pro-Bitcoin Bill in 48 Hours

2024-08-05No Comments2 Mins Read
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A crypto-focused nonprofit says US senators have received more than 2,200 letters to date urging them to co-sponsor and support a bill to make Bitcoin (BTC) a strategic reserve.

Bitcoin mining organization Satoshi Action Fund launched a initiative encouraging the public to ask their Senators to support the BITCOIN Act of 2024 proposed by Senator Cynthia Lummis (R-WY).

The group says passage of the bill will protect the U.S. from financial crises, enhance national security, position the nation as a leader in the global digital economy and help the U.S. address global economic threats.

“The moment to secure our financial future and strengthen America’s leadership in technology is here. We have a critical opportunity to support Senator Lummis’ “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act of 2024,” also known as the “BITCOIN Act of 2024.”

In a after on social media platform

“In just 48 hours, more than 2,200 letters were sent to US Senators asking them to co-sponsor and support the ‘Strategic Bitcoin Reserve’ bill.

The Democrats received – 1,333 letters

Republicans received – 850 letters

Independents received – 41 letters.”

Image
Source: Dennis Porter/X

Porter says it’s up to senators’ offices to respond to the people who sent the letters.

“Letters are sent by voters, not us. In general, a large portion of offices will be responsive to their constituents.”

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