US Congressman Discloses XRP, SOL, and BTC Holdings
01/11/2025 03:53Rep. Guy Reschenthaler (R-Pa) now holds XRP and other cryptocurrencies
Rep. Guy Reschenthaler (R-Pa) now holds XRP and other cryptocurrencies
Rep. Guy Reschenthaler (R-Pa) recently disclosed various cryptocurrency purchases.
The 41-year-old US lawmaker now owns such cryptocurrencies as Ripple-linked XRP, Solana (SOL), and Bitcoin (BTC). All of these purchases were in the range of $1,000-$15,000.
Mike Collins (R-Ga) also disclosed a purchase of Ski Mask Dog (SKI) earlier this year.
Barry Moore (R-Al) and Jeffrey Jackson (D-NC) are also among the U.S. lawmakers who previously reported significant cryptocurrency transactions.
In the meantime, the U.S. Senate will have a committee specifically dedicated to digital assets.
This committee will be spearheaded by Sen. Cynthia Lummis (R-Wyo.), who famously came up with a bill that would require the Treasury to purchase a whopping 1 million Bitcoins over the course of five years.
The 70-year-old senator previously claimed that she had bought Bitcoin for the first time back in 2013. She later disclosed another purchase in 2021.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
About the author
Alex Dovbnya
Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at [email protected].