Republican Senators Cynthia Lummis and Bill Cassidy introduced the Mined in America Act on Monday, aiming to strengthen domestic crypto mining while formalizing the federal government’s increasing interest in Bitcoin (BTC).
The proposed legislation includes the establishment of a voluntary certification program to incentivize the development of US-based crypto mining operations and associated infrastructure. It would also require certified facilities to transition away from mining equipment associated with foreign adversaries and enshrine President Donald Trump’s executive order for a Strategic Bitcoin Reserve.
Innovative Strategy to Boost US Crypto Mining
Under the bill, the Department of Commerce would create a voluntary “Mined in America” certification for cryptocurrency mining facilities and pools.
Facilities seeking certification would need to phase out mining hardware manufactured by companies linked to foreign adversaries to decrease reliance on potentially insecure supply chains.
Instead of requesting new budget allocations, the legislation would direct certified mining projects to existing federal energy and rural development programs to facilitate the transition.
It also mandates federal technical agencies to support US manufacturers, with the National Institute of Standards and Technology and the Manufacturing Extension Partnership assisting domestic firms in designing and producing mining hardware.
The Satoshi Action Fund, advocating for policies to expand Bitcoin-related economic activity in the US, supports the bill.
Formal Recognition of Strategic Bitcoin Reserve
Another significant aspect of the legislation is the statutory acknowledgment of the Strategic Bitcoin Reserve established in the White House executive order last year.
The Mined in America Act would codify the reserve within the Department of the Treasury, providing a legal foundation for the executive initiative and indicating bipartisan interest in treating Bitcoin as a matter of public policy and national strategy.
Senator Lummis views the new crypto bill as part of a broader effort to position the US as a leading hub for digital asset activity. “President Trump committed to making the US the digital asset capital of the world—and we’re staying true to that promise,” she stated. Lummis continued:
The Mined in America Act brings this industry back home through forward-thinking measures to secure our financial future. I’m honored to partner with Senator Cassidy in ensuring that the future of digital assets is developed right here in America.
Featured image from OpenArt, chart from TradingView.com
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