Bitcoin Act: Saylor, Thiel to Headline Capitol Hill Roundtable
•Regulations
Bitcoin Leaders to Discuss National Strategy on Capitol Hill
Industry leaders, including Michael Saylor and Fred Thiel, CEO of Marathon Digital, are set to participate in a Capitol Hill roundtable this Tuesday to champion the BITCOIN Act.
Key Takeaways
- Industry leaders, including Michael Saylor and Fred Thiel, will attend a Capitol Hill roundtable to support the BITCOIN Act.
- The BITCOIN Act, reintroduced by Sen. Cynthia Lummis, proposes the US government acquire 1 million Bitcoin over five years.
The BITCOIN Act, recently reintroduced by Senator Cynthia Lummis, suggests a strategic move for the U.S. government to acquire 1 million Bitcoin over a five-year period. This acquisition would be achieved through “budget-neutral strategies,” according to the bill's text.
The roundtable aims to foster dialogue and build support for the legislation, bringing together key figures in the crypto industry to engage with policymakers on Capitol Hill.