Based on a press launch despatched to Bitcoin Journal, U.S. Senator Cynthia Lummis (R-Wyo.) will seem in Washington, D.C., with Marathon Digital Holdings (NASDAQ: MARA) CEO Fred Thiel to debate the significance of preserving U.S. Bitcoin mining aggressive.
Information about Lummis’ participation Bitcoin Coverage Summit undergo Bitcoin Coverage Institute (BPI) This follows the senator’s feedback in help of Bitcoin mining earlier this yr: “Bitcoin mining advantages the U.S. vitality grid and the event of latest/stranded vitality sources…Bitcoin miners, we’re excited You come to Wyoming.”
Lummis has a observe file of supporting the Bitcoin trade and sharing views usually touted by those that help sound foreign money. Earlier this month, Loomis reiterated her help for sound financial coverage as a core part of her perception in American prosperity: “I am for America. I am for freedom. I am for onerous cash…I am towards America. Folks’s cash depreciates.”
in an announcement Bitcoin Journal, David Zell (co-founder of BPI) acknowledged Lummis’s imaginative and prescient as a Bitcoin advocate: “Senator Lummis has lengthy understood the significance of getting the fitting public coverage for digital belongings in the US… When Bystanders Predicted FTX Put up-Crypto With regards to the dying of foreign money, Senator Lummis is correct to insist on the significance of Bitcoin and its regulation.”
The Bitcoin Coverage Summit on April 9, 2024, on the Nationwide Press Membership in Washington, D.C., comes amid rising partisan tensions over Bitcoin and Bitcoin mining. The Biden administration’s U.S. Vitality Data Administration (EIA) has proposed an “pressing” investigation into Bitcoin miners and their vitality use. The emergency investigation proposal was later deserted attributable to opposition from trade representatives together with Riot Platforms (NASDAQ: RIOT) and the Texas Blockchain Fee.
The Bitcoin Coverage Summit will be part of Lummis and Thiel with audio system from world human rights activists, lecturers, and know-how leaders geared toward clarifying points surrounding Bitcoin within the context of federal and native policymaking. Bitcoin Journal, cooperate with BPIthe summit can be broadcast stay via social media, together with Twitter(X) and YouTube.
To be taught extra in regards to the Bitcoin Coverage Summit, go to https://www.btcpolicysummit.org/.
