Senator Lummis – The Shib Daily

Senator Lummis Says US Bitcoin Reserve Funding Could Begin Anytime

October 8, 2025

Senator Cynthia Lummis said the U.S. could begin funding its Strategic Bitcoin Reserve at any time under President Trump’s direction, but legislative hurdles are slowing progress. Treasury Secretary Scott Bessent confirmed the government is exploring budget-neutral ways to acquire Bitcoin, with seized BTC forming

Bitcoin·Community·Policy·Regulation

Jack Dorsey Pushes Tax Exemptions for BTC Payments Under $300 — Could SHIB Benefit?

October 11, 2025

Jack Dorsey is pushing for a de minimis tax exemption on small Bitcoin transactions to make the cryptocurrency practical for everyday purchases, while Senator Cynthia Lummis is supporting similar legislation. Currently, all BTC transactions are subject to capital gains tax, limiting its use for routine payments. If implemented, the move could boost everyday crypto adoption