GOP Senators Introduce US Mining Act to Secure Bitcoin Strategic Reserve

Senators Introduce American Mining Act to Boost Domestic Crypto Mining

Republican Senators Cynthia Lummis and Bill Cassidy are pushing new legislation aimed at expanding crypto mining in the US. The American Mining Act would also codify President Trump's executive order on a strategic bitcoin reserve.

The bill directs the Commerce Department to set up a voluntary certification program for mining pools and facilities. Certified operations would then be required to phase out equipment made by companies tied to foreign adversaries.

Lummis said the goal is to bring mining back to American soil through forward-looking policies and secure the nation's financial future. Trump, who promised during his campaign to make the US the "crypto capital of the world," signed an executive order in March to establish a strategic bitcoin reserve funded by forfeited bitcoin.