Wyoming Sen. Lummis plans to announce legislation for Strategic Bitcoin Reserve at Nashville conference

As Donald Trump prepares to address an estimated 20,000 bitcoin enthusiasts later this week in Nashville, Tennessee, the pro-crypto Republican Sen. Cynthia Lummis of Wyoming is also looking to make some big news, preparing to announce she's crafting new legislation that could radically alter the burgeoning crypto business by firmly establishing bitcoin as a mainstream financial asset, FOX Business has learned.

According to three crypto executives with knowledge of the bill, Lummis has been...