Guavy AI Editorial TeamSentiment: 2.3Clout: 82

US Lawmakers Introduce Bipartisan Mined in America Act to Strengthen Digital Asset Infrastructure

US lawmakers have taken another step towards securing long-term leadership in digital assets with the introduction of the bipartisan Mined in America Act.

The legislation, sponsored by Senators Cynthia Lummis and Bill Cassidy, seeks to strengthen US digital asset infrastructure by promoting domestic manufacturing of mining equipment. This effort is focused on reducing reliance on foreign-produced hardware, particularly from China, which still dominates global mining equipment production.

Under the bill, certified domestic mining operations would be required to phase out hardware tied to foreign adversaries and gain access to existing federal energy and rural development programs to support the transition. The move also formalizes a Strategic Bitcoin Reserve within the Treasury, building on prior proposals led by Lummis to establish long-term government accumulation of Bitcoin as a strategic asset.

The Mined in America Act ties together previous efforts to integrate digital assets into US financial infrastructure, including proposals to acquire Bitcoin at the federal level and streamline crypto taxation. The initiative is backed by the Satoshi Action Fund, which argues that the US must align its mining capacity with domestic production to reduce structural vulnerabilities.