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GOP Senators Introduce Mined in America Act to Codify Bitcoin Reserve

Republican Senators Cynthia Lummis and Bill Cassidy introduced the Mined in America Act to expand domestic cryptocurrency mining operations. The legislation aims to codify President Donald Trump’s executive order establishing a strategic bitcoin reserve into federal law. This move signals a significant shift toward integrating digital assets into national security planning.

La Era

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GOP Senators Introduce Mined in America Act to Codify Bitcoin Reserve
GOP Senators Introduce Mined in America Act to Codify Bitcoin Reserve

Republican Senators Cynthia Lummis and Bill Cassidy introduced new legislation on Monday to expand domestic cryptocurrency mining operations. The bill, titled the Mined in America Act, aims to codify President Donald Trump’s executive order establishing a strategic bitcoin reserve. This move signals a significant shift toward integrating digital assets into federal economic strategy and national security planning.

Legislative Details

The legislation directs the Commerce Department to establish a voluntary certification program for mining pools and large-scale facilities. Certified operations must begin a transition away from mining equipment manufactured by companies tied to foreign adversaries. Officials stated this requirement is designed to secure supply chains against geopolitical risks and ensure domestic production capabilities.

Before being elected president last year, Trump indicated plans to position the nation as the global hub for cryptocurrency and blockchain technology. In March, he signed an executive order to create a strategic bitcoin reserve using forfeited coins from criminal asset seizures. Lummis reintroduced a bill in March to build upon that initial executive action and provide legislative backing.

Senators emphasized the need for self-sufficiency in digital infrastructure during the press conference. "President Trump pledged to make the United States the digital asset capital of the world, and we’re not backing down," Lummis said in a statement. They argued that local production protects against external supply disruptions.

Senator Cassidy highlighted the economic benefits of the proposed industry expansion in a social media post. "Digital asset mining is a big part of our economy," Cassidy said in a post on X. He noted that domestic operations create jobs and stabilize local energy grids.

Broader Implications

The Wyoming senator announced late last year that she would not be seeking re-election for her current term in the Senate. Her term is scheduled to end in January 2027, leaving ample time to push through this legislative agenda before departure. Lummis has previously championed broader crypto market structure bills and tax reform proposals alongside this mining initiative.

This legislation represents a formalization of the administration’s previous digital asset priorities into statutory law for the first time. Previous executive orders required congressional action to gain permanent legal standing and enforceability across federal agencies. Federal agencies must now adhere to these new standards for compliance.

The bill underscores the growing intersection between national security and cryptocurrency infrastructure within the United States. Mining operations are increasingly viewed as critical components of energy grids and financial systems by federal planners. Future developments will likely focus on energy consumption standards for certified facilities and environmental impact assessments.

This shift could redefine how energy policy intersects with digital asset management. Industry observers expect this to influence future regulatory frameworks for digital infrastructure and energy consumption standards. The bill underscores the growing intersection between national security and cryptocurrency infrastructure within the United States.

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