According to CoinShares, the potential adoption of the Bitcoin (BTC) Act would significantly benefit the cryptocurrency industry. The proposed legislation aims to establish bitcoin as a strategic reserve asset, allowing the U.S. government to acquire up to 5% of the total bitcoin supply. This move would position bitcoin similarly to gold, enhancing its legitimacy and potentially driving institutional and governmental interest in the asset. U.S. Senator Cynthia Lummis has advocated for such a plan to help reduce national debt by purchasing 1 million BTC over five years. Trump, likely to foster a more favorable regulatory environment for cryptocurrencies, has promised to create a bitcoin reserve. The anticipated adjustments at the SEC, following changes in leadership, could further benefit the industry, encouraging broader adoption of digital assets in the mainstream financial sector. If implemented, the Bitcoin Act could propel bitcoin's market value to new heights, fueled by heightened interest from both government and institutional actors.

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