Senator Lummis Backs Bitcoin for US Cyber Defense After Admiral Paparo Testimony
Summary
Senator Cynthia Lummis has endorsed the use of Bitcoin as a national security tool following testimony from Admiral Samuel Paparo, head of INDOPACOM, who revealed that the military is testing Bitcoin nodes for network security. Admiral Paparo noted that proof-of-work protocols can effectively impose costs on adversaries. In response, Senator Lummis is calling for the urgent passage of the Clarity Act, warning that delays could jeopardize America's financial future and digital asset leadership. The legislative push is supported by Treasury Secretary Scott Bessent and a coalition of industry organizations advocating for clearer market structure rules.
(Source:BeInCrypto)