The Digital Chamber, a US digital asset advocate, has called on US lawmakers to vote in favor of the Bitcoin Reserve Bill recently introduced by Wyoming Senator Cynthia Lummis. On July 31, Loomis introduced the Innovation, Technology, and Competitiveness Through Optimizing National Investment Act of 2024 (or the Bitcoin Act of 2024), under which the US Treasury would establish a Bitcoin vault and buy 1 million Bitcoin within five years.