Lummis and Cassidy Introduce Mined in America Act

Markets 2026-03-31 19:38

Lummis and Cassidy Introduce Mined in America Act

Republican Senators Cynthia Lummis (R-WY) and Bill Cassidy (R-LA) introduced the Mined in America Act on March 30, aiming to bring digital asset mining infrastructure back to the United States and cement President Trump’s strategic bitcoin reserve into law.

What the bill does

The legislation directs the Department of Commerce to establish a voluntary certification program for cryptocurrency mining facilities and mining pools.

Certified facilities would be required to transition away from mining equipment manufactured by companies tied to foreign adversaries, addressing what the senators describe as a critical supply chain vulnerability.

The bill also directs the National Institute of Standards and Technology and the Manufacturing Extension Partnership to help U.S. manufacturers develop secure and energy-efficient mining hardware, and integrates certified projects into existing federal energy and rural programs rather than creating new spending authorities.

Finally, it would codify Trump’s March 2025 executive order establishing a Strategic Bitcoin Reserve within the Department of the Treasury.

Senators make the case

Senator Cassidy framed the bill in straightforward economic terms:

“Digital asset mining is a big part of our economy. We should be doing it here in America. This bill will secure supply chains, back U.S. manufacturing, and support this industry.”

Senator Lummis, who has championed multiple crypto bills in the Senate, added:

“President Trump pledged to make the United States the digital asset capital of the world— and we’re not backing down. The Mined in America Act brings this industry home through forward-thinking initiatives to secure our financial future. I’m proud to join Senator Cassidy to ensure the future of digital assets is built right here in America.”

Industry support and the China problem

The bill has drawn backing from the Satoshi Action Fund, whose CEO Dennis Porter highlighted the scale of the supply chain problem:

“America controls 38 percent of the world’s Bitcoin hash rate, but 97 percent of the hardware powering it comes from China. That is not leadership, that is a liability. The Mined in America Act breaks that dependency by building a virtuous cycle of domestic manufacturing, certified mining operations, grid-strengthening energy infrastructure, and a pipeline to the Strategic Bitcoin Reserve. If we are serious about leading on Bitcoin, we cannot let adversaries hold the keys to our supply chain.”

Lummis, who announced she will not seek re-election with her term ending in January 2027, has been pushing several crypto-related bills simultaneously, including broader market structure legislation and crypto tax reform.

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This content is for informational purposes only and does not constitute investment advice.

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