The U.S. Republican Party proposes the "America Mining Act" to promote expanded mining and strengthen Bitcoin reserves

U.S. Senators introduce the "Mined in America Act" to foster the development of the crypto mining industry, solidify the strategic Bitcoin reserve policy, and require the Department of Commerce to establish a certification system for mining pools and farms, reducing reliance on external equipment and pushing the U.S. to become a digital asset hub.

On March 31, Senator Cynthia Lummis and Bill Cassidy introduced the "Mined in America Act," aimed at promoting the development of the crypto mining industry and codifying President Trump's executive order to establish a strategic Bitcoin reserve into law.

The bill plans to enhance the role of crypto mining in the U.S. economy while legislatively consolidating the previous policy arrangements regarding the strategic Bitcoin reserve. This reserve mainly consists of Bitcoin seized through law enforcement by the U.S. Treasury.

The bill also requires the Department of Commerce to establish a voluntary certification system to regulate mining pools and farms. Additionally, certified farms will gradually reduce dependence on mining equipment produced by companies associated with "foreign adversaries." The sponsors state that this bill is an important step toward making the U.S. a global digital asset center and aims to elevate the country's strategic position in the crypto industry supply chain.