Wyoming Senator Cynthia Lummis thinks the Federal Reserve should add Bitcoin (BTC) to its balance sheet once the top crypto asset becomes more regulated.
Lummis spoke this week at a webinar hosted by the Orrin G. Hatch Foundation and was asked about the idea of the Fed purchasing BTC.
“I think it’s a great idea, to be honest, and I think that once there is a statutory and regulatory framework, that will make a lot of sense. The fact that it is completely decentralized is going to make it over time more ubiquitous, and I think it’s going to be something that the Fed should hold on its balance sheet.”
