BlockBeats News, March 31 — According to The Block, U.S. Republican Senators Cynthia Lummis and Bill Cassidy jointly introduced the “Mined in America Act” on Monday, aiming to expand the role of cryptocurrency mining in the U.S. economy while codifying into law Trump’s executive order to establish a strategic Bitcoin reserve. The bill would direct the Department of Commerce to create a “voluntary certification program” for mining pools and mining farms, while requiring certified facilities to begin “phasing out mining equipment manufactured by entities associated with foreign adversaries.”
In a statement, Lummis said: “Trump has pledged to make America the world’s capital of digital assets, and we will not back down. The Mined in America Act brings this industry back home through forward-looking measures to secure our financial future.” Senator Cassidy posted on X: “Digital asset mining is a vital part of our economy, and we should advance it right here in America.”
In terms of background, Trump signed an executive order in March this year to establish a strategic Bitcoin reserve based on Bitcoin held by the Treasury Department through criminal or civil asset forfeiture. Lummis introduced a bill in the same month based on that executive order, and this newly proposed mining legislation represents another step forward in her crypto‑related legislative efforts; she is also concurrently advancing broader crypto market structure bills and crypto tax reform bills. Lummis has previously announced she will not seek re‑election, with her term set to expire in January 2027.
