According to Fox Business, Trump will give a speech at the Bitcoin 2024 conference in Nashville, Tennessee later this week, while US Senator Cynthia Lummis, who supports cryptocurrencies, will also announce new legislation she is developing that would require the Federal Reserve to hold some Bitcoin as a strategic reserve asset, but the relevant plans are still undetermined and may be delayed.
It is reported that sources revealed that Cynthia Lummis hopes to announce the plan at the Bitcoin conference, just before Trump's scheduled speech, so that Trump can support the bill and the ideas behind it.