Illinois Republican John Cabello introduced a new bill to create a strategic bitcoin reserve through the state treasury, joining at least six other U.S. states exploring the option. Proponents of strategic bitcoin reserves tout their ability to offer states greater financial sovereignty and autonomy away from a central bank.

U.S. Sen. Cynthia Lummis has been named the nation's first chair of the Digital Asset Subcommittee. Known for her expertise in cryptocurrency, one of

The Czech Republic is making waves with its latest move toward Bitcoin adoption, prompting U.S. Senator Cynthia Lummis to weigh in.

The Czech Republic plans to hold Bitcoin reserves, while Senator Lummis urges the U.S. to take action on crypto strategy and financial security

Czech Finance Minister Zbynek Stanjura opposed the Central Bank Governor Ales Michl’s idea of creating a Bitcoin reserve.

Illinois lawmakers are considering legislation to establish the first state-level Bitcoin reserve in the United States, while similar initiatives gain traction in Texas and the Czech Republic explores national-level cryptocurrency adoption.

Texas Lieutenant Governor Dan Patrick announced the state’s 2025 legislative priorities on Jan. 29, and they included a proposal to establish a Texas Bitcoin Reserve. Texas joins at least five other states in the US where legislatures are working on establishing Bitcoin (BTC) or crypto reserves,

Polymarket gives a 16% chance of Donald Trump ordering a strategic Bitcoin reserve in the first 100 days of his administration. Senator Cynthia Lummis proposed a bill for a Bitcoin Purchase Program separate from the White House's efforts, currently under review by the Committee on Banking.

Illinois has become the latest state to propose a Bitcoin reserve, joining a growing list of states advancing similar bills.

Ever since President Trump promised to create a "Strategic National Bitcoin Stockpile," the usual chorus of Bitcoin skeptics have doubted that it will ever happen.

Pro-crypto Wyoming Republican Senator Cynthia Lummis has been named the first-ever chair of the new Senate panel devoted to digital assets.

Bitcoin demonstrated market resilience by rebounding 4% to $105,031 following the Federal Reserve's decision to maintain current interest rates, supported by positive regulatory signals and broader market optimism.