ChainCatcher news, according to CoinDesk, U.S. Senator Lummis stated that if the government purchases Bitcoin using gold certificates valued at their 1974 prices, it could halve the national debt within 20 years. She emphasized that this move would not require the use of additional taxpayer funds to acquire BTC.

According to ChainCatcher news reported by Decrypt, U.S. Senator Ted Cruz from Texas officially introduced the "Facilitate Lower Atmospheric Released Emissions" (FLARE) Act on March 31, aimed at converting wasted natural gas that would otherwise be flared or vented into electricity for Bitcoin mining.The bill will provide full tax deductions for companies that capture wasted natural gas, while restricting participation from countries such as China, Iran, North Korea, and Russia in related activities. Cruz stated that this initiative would not only improve energy market efficiency and enhance grid resilience but also help Texas become the "preferred location for Bitcoin mining."Experts in the energy sector believe that Bitcoin miners can reduce greenhouse gas emissions in this way while converting wasted energy into valuable digital assets, achieving a win-win for both the economy and the environment.

ChainCatcher news, according to Solid Intel, U.S. Senator David McCormick (member of the Digital Assets Subcommittee) has disclosed the purchase of up to $600,000 in Bitcoin.

ChainCatcher news, according to ZeroHedge, U.S. Senator Ted Cruz has proposed a bill to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC).The Texas Republican senator's bill can be seen as a companion bill to the anti-CBDC legislation introduced by Minnesota Republican Representative Tom Emmer. Emmer's bill was reintroduced on March 6. A companion bill is legislation that is textually similar or identical to another bill and is introduced in another chamber of Congress.

ChainCatcher News, U.S. Senate Banking Committee Digital Assets Subcommittee Chair, U.S. Senator Cynthia Lummis stated that the Senate Banking Committee will conduct a final review (markup) today on the GENIUS Act proposed by Senator Hagerty. The main contents of the bill include: clearly defining payment stablecoins, establishing clear procedures for institutions seeking to issue stablecoins, and promoting responsible innovation while protecting consumer rights.

According to ChainCatcher news, as reported by Cointelegraph, U.S. Senator Cynthia Lummis has reintroduced the Bitcoin bill (Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act of 2025) in the 119th Congress, which will allow the U.S. government to hold over 1 million bitcoins.The bill was originally proposed in July 2024, requiring the U.S. government to purchase 200,000 bitcoins annually over five years, funded by adjustments to existing funds from the Federal Reserve and the Treasury. After this revision, the U.S. government can hold additional bitcoins through legal means (including civil or criminal forfeiture, donations, or transfers from federal agencies). Additionally, BTC voluntarily deposited by states into strategic bitcoin reserves will be held in separate accounts.Furthermore, the new bill introduces a formal assessment process for bitcoin fork assets and airdrop assets. The original bill required all fork assets to be held in the national bitcoin reserve for at least five years, and they could not be sold or disposed of without legal authorization. The revised bill allows the Secretary of the Treasury to evaluate and retain the most valuable fork assets based on market value after the mandatory holding period ends, while ensuring that the reserves continue to hold "dominant assets."

ChainCatcher news, according to Fox Business reporter Eleanor Terrett, U.S. Senate Banking Committee digital assets subcommittee chair Cynthia Lummis announced that she will jointly reintroduce the Bitcoin Act in the Senate with West Virginia Republican Senator Jim Justice.

ChainCatcher news, according to The Block, U.S. Senate Banking Committee Chairman Tim Scott has proposed a bill aimed at prohibiting regulators from overseeing banks on the grounds of "reputational risk." This move comes in response to accusations from the crypto industry that U.S. government agencies are excluding it from the financial system.The Republican senator from South Carolina submitted the bill on Thursday and stated in a press release that the legislation would "limit the weaponization of federal banking agencies and eliminate the power of regulators to use 'reputational risk' in the regulatory process."The Federal Reserve defines "reputational risk" as: "The risk of loss resulting from negative public opinion (whether true or not) regarding an institution's business practices, which may result in a loss of customers, costly litigation, or revenue decline."

ChainCatcher news, according to Bitcoin News, U.S. Senator Rand Paul is calling for a comprehensive audit of the U.S. Mint's gold reserves, including physical inspections. He also requested to personally inspect Fort Knox and other vaults with his staff.

ChainCatcher news, according to Cointelegraph, U.S. Senator Cynthia Lummis has called for upgrading the U.S. reserves with Bitcoin, stating: "A basic computer can audit Bitcoin reserves at any time."

ChainCatcher news, according to Bitcoin.com News, U.S. Senator Mike Lee has reintroduced the No CBDC Act, which aims to permanently prevent the Federal Reserve from supporting digital currencies.The bill has the joint support of Senators Ted Cruz and Rick Scott, marking another significant move following Trump's executive order banning CBDCs. The legislation will ensure that the Federal Reserve cannot issue, hold, or use CBDCs in any form.

ChainCatcher news, U.S. Senator Bill Hagerty has introduced a bill aimed at establishing a regulatory framework for stablecoins, bringing tokens like USDT and USDC under Federal Reserve rules.The Tennessee Republican stated in a press release on February 4 that this stablecoin bill will create "a safe and growth-friendly regulatory framework to unleash innovation," and advance President Trump's commitment to make the U.S. "the cryptocurrency capital of the world."Hagerty's "Guiding and Establishing the U.S. National Stablecoin Innovation (GENIUS) Act" has the support of Senators Tim Scott, Kirsten Gillibrand, and Cynthia Lummis.Hagerty added on X that he looks forward to working with Congressman French Hill and the House Financial Services Committee to "get it to the President and signed into law."

ChainCatcher news, cryptocurrency-supporting Senator Cynthia Lummis stated that if the Federal Deposit Insurance Corporation (FDIC) destroys materials related to digital assets, it will face criminal consequences.In a letter sent to FDIC Chairman Martin Gruenberg on Thursday, the Wyoming Republican senator indicated that whistleblowers at the FDIC had reported to her allegations of these documents being destroyed, and claimed that these whistleblowers are "being closely monitored by management" to prevent them from reporting to the Senate, suggesting that legal action would be taken.Lummis stated in a declaration: "The FDIC is suspected of destroying and concealing materials related to Operation Chokepoint 2.0 with the intent to obstruct the oversight functions of the U.S. Senate, which is not only unacceptable but also illegal. If it is found that someone within the FDIC intentionally destroyed materials or attempted to impede the Senate's oversight functions, a criminal referral will be swiftly made to the U.S. Department of Justice."

ChainCatcher news, according to Jinshi reports, the U.S. political news website Politico revealed that U.S. Senator Cynthia Lummis is investigating the Bitcoin sales of the U.S. Marshals Service.

ChainCatcher news, as reported by Bitcoin Magazine, U.S. Senator Ted Cruz recently stated that he invests in Bitcoin through Dollar-Cost Averaging and has been doing so for several years.He noted that during this period, the value of Bitcoin has approximately tripled.

ChainCatcher news, according to Cointelegraph, U.S. Senator Cynthia Lummis met with SEC chair nominee Paul Atkins to discuss digital asset legislation and regulatory reform. She hinted at potential changes in the future and jokingly suggested making the SEC "leaner."

ChainCatcher news, U.S. Senator Hagerty stated that he will support Trump's nominee for Secretary of Defense, Hegseth.

ChainCatcher news, according to FOX Business, U.S. Senator Tim Scott criticized SEC Chairman Gary Gensler for delaying the scheduled Senate Banking Committee hearing.Scott stated that Gensler's regulatory agenda is detrimental to the U.S. economy, increasing burdens on businesses, reducing opportunities for capital acquisition, and harming the interests of American retirement savers. Republican lawmakers have introduced the Empowering Main Street in America Act, which requires the SEC chairman to testify before Congress twice a year to enhance transparency and accountability.

ChainCatcher news, according to Cointelegraph, within 48 hours, U.S. senators received over 2,200 letters urging them to jointly initiate and support the "Bitcoin Strategic Reserve Act" proposed by Cynthia Lummis.Among them, the Democrats received 1,333 letters, the Republicans received 850 letters, and independents received 41 letters.

ChainCatcher news, during a hearing held by the Senate Banking, Housing, and Urban Affairs Committee on Thursday, U.S. Senator Elizabeth Warren questioned Assistant Secretary for Investment Security Paul Rosen from the Treasury Department about the threats posed by foreign-owned cryptocurrency mining operations in the United States.Senator Elizabeth Warren claimed that the U.S. cryptocurrency mining industry poses a threat to national security, stating that "cryptocurrency mining operations run by foreign adversaries" could be used to "monitor U.S. military operations."Warren added that "foreign-owned crypto mines also threaten the power grid, and their connections to the U.S. grid could make the U.S. vulnerable to targeted blackouts and cyberattacks."