BREAKING: Senate Leaders Propose Landmark Bill To Boost US Crypto Mining And Establish Presidential Bitcoin Reserve

A major legislative push to cement the United States as a global crypto leader has been unveiled. Republican Senators Cynthia Lummis and Bill Cassidy introduced the 'Mined in America Act' on Monday, a bill designed to aggressively bolster domestic cryptocurrency mining operations and formally establish a federal Strategic Bitcoin Reserve. The proposal creates a voluntary certification program to incentivize U.S.-based mining infrastructure, mandates that certified sites phase out equipment from foreign adversaries, and codifies former President Donald Trump's executive order for a national Bitcoin stockpile, signaling a seismic shift in federal digital asset strategy.

New Plan To Grow US Crypto Mining

Under the measure, the Department of Commerce would stand up a voluntary “Mined in America” certification for cryptocurrency mining facilities and mining pools. 

Facilities that seek the label would have to phase out mining hardware manufactured by companies linked to foreign adversaries, a provision aimed at reducing reliance on potentially insecure supply chains.

Rather than requesting new budgetary outlays, the bill would channel certified mining projects into existing federal energy and rural development programs to support the transition. 

It also directs federal technical agencies to assist US manufacturers: the National Institute of Standards and Technology and the Manufacturing Extension Partnership would be tasked with helping domestic firms design and produce mining hardware. 

The legislation is backed by the Satoshi Action Fund, which has advocated for policies to expand Bitcoin-related economic activity in the United States.

Strategic Bitcoin Reserve On Statutory Footing

Another high-profile element of the bill would be formal recognition of the Strategic Bitcoin Reserve announced in the White House executive order last year. 

The Mined in America Act would codify that reserve by establishing it within the Department of the Treasury, giving the executive initiative a statutory anchor and signaling bipartisan interest in treating Bitcoin as a matter of public policy and national strategy.

Senator Lummis framed the new crypto bill as part of a broader push to make the United States a leading center for digital-asset activity. “President Trump pledged to make the United States the digital asset capital of the world— and we’re not backing down,” she said in a statement. Lummis added:  

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.

Featured image from OpenArt, chart from TradingView.com