Senators Introduce Mined in America Act to Boost US Crypto Infrastructure
- Senators Cynthia Lummis and Bill Cassidy introduced the bipartisan Mined in America Act on March 30 to enhance US digital asset infrastructure.
- The bill codifies Donald Trump’s Strategic Bitcoin Reserve and establishes a certification framework for domestic mining operations.
- Certified facilities must phase out hardware linked to foreign adversaries, gaining access to federal energy programs for support.
- The legislation aims to reduce reliance on foreign-produced mining equipment, particularly from China, by reshoring the supply chain.
- The initiative is supported by the Satoshi Action Fund, highlighting the US’s significant share of global Bitcoin hash rate but dependence on overseas hardware.
The Mined in America Act seeks to localize crypto infrastructure, reinforcing Bitcoin’s strategic role within federal policy and reducing reliance on foreign hardware.
Source (3.2)https://cryptobriefing.com/senator-lummis-mined-in-america-act/?rand=59535
