Bitcoin 2025 was grandly launched in Las Vegas on May 27, where pro-crypto U.S. Senator Cynthia Lummis publicly stated that President Trump strongly supports the Bitcoin legislation "BITCOIN Act" and plans to buy 100 BTC within the next 5 years. She also revealed that the White House team is currently promoting significant legislation that includes stablecoins, digital asset market framework, and Bitcoin strategic reserves. These pieces of legislation are expected to be rolled out in the coming weeks and will become key points of observation for global crypto policy.
Key Summary
U.S. cryptocurrency-friendly Senator Lummis stated that Trump supports the "BITCOIN Act," planning to buy 1 million BTC within 5 years.
Funding for the "BITCOIN Act" will be allocated from the Federal Reserve (Fed) and the existing budget of the Treasury, without increasing the tax burden on taxpayers.
The stablecoin bill "GENIUS Act" has passed the key procedural vote in the Senate and will be sent for a vote soon.
White House AI encryption czar David Sacks stated: The "GENIUS Act" will definitely pass, as both parties have reached an agreement.
Trump supports the Bitcoin bill, aiming to buy 1 million BTC within 5 years.
At the "Bitcoin 2025" conference held on May 27 in Las Vegas, USA, crypto-friendly legislator Cynthia Lummis announced that she would once again promote the Bitcoin bill "BITCOIN Act," emphasizing that President Trump would fully support the bill.
At the same time, she also revealed the contents of the Bitcoin bill, which includes 2 key points:
The U.S. government is expected to purchase nearly 1 million BTC within the next 5 years.
Lummis assured that this expenditure will be allocated from the existing budget of the Federal Reserve (Fed) and the Treasury, and will not increase the burden on taxpayers.
(How does the US government accumulate Bitcoin at "zero cost"? An analysis of the top 10 "budget-neutral" strategies)
The White House professional team is online, and the stablecoin bill is ready for a vote.
Lummis further revealed that the White House actually has a professional team working on three major digital asset bills, which are as follows:
stablecoin 法案 (Stablecoin Legislation)
Digital Asset Market Structure Bill (Market Structure Bill)
She predicted that these three bills would be introduced in this order. The one making the fastest progress is the stablecoin bill "GENIUS Act," which has already been submitted to the Senate Banking Committee.
( The U.S. stablecoin bill "GENIUS Act" has been approved! Legislation to be completed by 5/26, with Democrat Warren remaining silent )
The "GENIUS Act" and "BITCOIN Act" strengthen the United States' leadership position in encryption assets.
The goal of the "GENIUS Act" is to establish a standard for a compliant, redeemable "payment stablecoin" specifically designed for everyday payments and business use, clearly distinguishing it from high-risk decentralized or algorithmic stablecoins.
During a previous interview, White House AI encryption czar David Sacks also stated: "The GENIUS Act will definitely pass, and it will receive bipartisan support." He emphasized that as long as a clear regulatory direction is provided, it can quickly create trillions of dollars in demand for U.S. debt.
According to CoinGecko data, the current mainstream stablecoins USDT and USDC on the market have a total market value of $214.1 billion, and are linked to US dollars and US bonds, further strengthening the status of the US dollar as a "global settlement currency".
In summary, the recent series of policy moves released by the United States aims to strengthen the strategic advantage of the dollar in the global market through Bitcoin strategic reserves and compliant stablecoin legislation.
( The U.S. "GENIUS Act" comprehensively regulates payment-type stablecoins: issuance thresholds, reserve standards, and regulatory systems are all understood at once )
This article by Cynthia Lummis: The United States will buy 1 million BTC in 5 years, and the purchase funds are allocated from the budget of the Fed and the Treasury Department First appeared in Chain News ABMedia.
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Cynthia Lummis: The United States will purchase 1 million BTC within 5 years, with funding allocated from the Fed and the Treasury budget.
Bitcoin 2025 was grandly launched in Las Vegas on May 27, where pro-crypto U.S. Senator Cynthia Lummis publicly stated that President Trump strongly supports the Bitcoin legislation "BITCOIN Act" and plans to buy 100 BTC within the next 5 years. She also revealed that the White House team is currently promoting significant legislation that includes stablecoins, digital asset market framework, and Bitcoin strategic reserves. These pieces of legislation are expected to be rolled out in the coming weeks and will become key points of observation for global crypto policy.
Key Summary
U.S. cryptocurrency-friendly Senator Lummis stated that Trump supports the "BITCOIN Act," planning to buy 1 million BTC within 5 years.
Funding for the "BITCOIN Act" will be allocated from the Federal Reserve (Fed) and the existing budget of the Treasury, without increasing the tax burden on taxpayers.
The stablecoin bill "GENIUS Act" has passed the key procedural vote in the Senate and will be sent for a vote soon.
White House AI encryption czar David Sacks stated: The "GENIUS Act" will definitely pass, as both parties have reached an agreement.
Trump supports the Bitcoin bill, aiming to buy 1 million BTC within 5 years.
At the "Bitcoin 2025" conference held on May 27 in Las Vegas, USA, crypto-friendly legislator Cynthia Lummis announced that she would once again promote the Bitcoin bill "BITCOIN Act," emphasizing that President Trump would fully support the bill.
At the same time, she also revealed the contents of the Bitcoin bill, which includes 2 key points:
The U.S. government is expected to purchase nearly 1 million BTC within the next 5 years.
Lummis assured that this expenditure will be allocated from the existing budget of the Federal Reserve (Fed) and the Treasury, and will not increase the burden on taxpayers.
(How does the US government accumulate Bitcoin at "zero cost"? An analysis of the top 10 "budget-neutral" strategies)
The White House professional team is online, and the stablecoin bill is ready for a vote.
Lummis further revealed that the White House actually has a professional team working on three major digital asset bills, which are as follows:
stablecoin 法案 (Stablecoin Legislation)
Digital Asset Market Structure Bill (Market Structure Bill)
Bitcoin Strategic Reserve Act (Bitcoin Strategic Reserve)
She predicted that these three bills would be introduced in this order. The one making the fastest progress is the stablecoin bill "GENIUS Act," which has already been submitted to the Senate Banking Committee.
( The U.S. stablecoin bill "GENIUS Act" has been approved! Legislation to be completed by 5/26, with Democrat Warren remaining silent )
The "GENIUS Act" and "BITCOIN Act" strengthen the United States' leadership position in encryption assets.
The goal of the "GENIUS Act" is to establish a standard for a compliant, redeemable "payment stablecoin" specifically designed for everyday payments and business use, clearly distinguishing it from high-risk decentralized or algorithmic stablecoins.
During a previous interview, White House AI encryption czar David Sacks also stated: "The GENIUS Act will definitely pass, and it will receive bipartisan support." He emphasized that as long as a clear regulatory direction is provided, it can quickly create trillions of dollars in demand for U.S. debt.
According to CoinGecko data, the current mainstream stablecoins USDT and USDC on the market have a total market value of $214.1 billion, and are linked to US dollars and US bonds, further strengthening the status of the US dollar as a "global settlement currency".
In summary, the recent series of policy moves released by the United States aims to strengthen the strategic advantage of the dollar in the global market through Bitcoin strategic reserves and compliant stablecoin legislation.
( The U.S. "GENIUS Act" comprehensively regulates payment-type stablecoins: issuance thresholds, reserve standards, and regulatory systems are all understood at once )
This article by Cynthia Lummis: The United States will buy 1 million BTC in 5 years, and the purchase funds are allocated from the budget of the Fed and the Treasury Department First appeared in Chain News ABMedia.