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In recent development, the Czech Republic plans to adopt a Bitcoin reserve. Senator Cynthia Lummis urges the US to act on their own Bitcoin reserve proposal before the Czech Republic. Lummis’s proposal has encouraged other countries to consider creating their own Bitcoin reserves, but they have not yet implemented the plan.
She emphasized the urgent need for the US to establish a strategic reserve of Bitcoin. “If you are not the first, you are the last. America has to take decisive measures to establish a strategic reserve Bitcoin -Ai to secure its place in the 21st century,” she divided into the X Post.
Inspired by Donald Trump’s crypto policies, countries like the Czech Republic are moving into the adoption of bitcoin. Meanwhile, Arizona and Utah recently brought Bitcoin accounts, pushing forward progressive financial policy.
It is significant that Senator Lummis gave his comments after the Czech Republic announced plans to maintain billion dollars in Bitcoin reserves. On Wednesday, Governor Ales Michl revealed the intention of the country to introduce an acquisition account of Bitcoin, which, if adopted, would make the Czech first nation that held a BTC reserve.
In early January, Governor Michl expressed interest in adding bitcoin to the Czech status balance (CNB) for diversification. CNB has now discovered plans to spend more than $ 7.3 billion, or 5% of its balance, in Bitcoin.
