All posts tagged: Mined

US Senators Unveil ‘Mined In America Act’ To Reshore BTC Mining, Codify Bitcoin Strategic Reserve

US Senators Unveil ‘Mined In America Act’ To Reshore BTC Mining, Codify Bitcoin Strategic Reserve

Authored by Micah Zimmerman via BitcoinMagazine.com, Republican Senators Bill Cassidy and Cynthia Lummis introduced legislation Monday aimed at reshaping the U.S. digital asset mining sector, tightening supply chains, and embedding bitcoin into federal reserve strategy. The proposal, titled the “Mined in America Act,” would establish a federal certification program for domestic crypto mining operations while phasing out reliance on foreign-manufactured hardware. It also seeks to codify Donald Trump’s executive order creating a Strategic Bitcoin Reserve, placing the policy on statutory footing, according to a release on the matter. “Digital asset mining is a big part of our economy. We should be doing it here in America,” Cassidy said in a statement, framing the bill as a supply chain and manufacturing initiative. Lummis tied the legislation to a broader push to position the United States as a global hub for digital assets. “The Mined in America Act brings this industry home through forward-thinking initiatives to secure our financial future,” she said. The bill directs the Department of Commerce to create a voluntary “Mined in America” certification for mining facilities and pools that …