"Digital asset mining is a big part of our economy. We should be doing it here in America. The Mined in America Act is designed to secure supply chains, reinforce domestic manufacturing, and strengthen the broader digital asset sector."
"President Trump pledged to make the United States the digital asset capital of the world and we're not backing down. This legislation introduces forward-looking policies aimed at anchoring digital asset innovation domestically while supporting long-term financial stability."
"While the United States accounts for a significant share of global bitcoin hash rate, the majority of mining hardware originates from China, creating potential vulnerabilities. The proposed framework aims to address those risks by fostering domestic production."
U.S. lawmakers are introducing legislation to enhance domestic digital asset mining and create a national bitcoin reserve strategy. The Mined in America Act aims to secure supply chains and bolster domestic manufacturing. Key provisions include a voluntary certification for mining facilities, phasing out foreign-linked hardware, utilizing existing federal programs, supporting domestic manufacturing, and formalizing a Strategic Bitcoin Reserve. The legislation seeks to reduce foreign dependency and enhance U.S. competitiveness in the digital asset sector, addressing supply chain vulnerabilities in the mining industry.
#digital-asset-mining #bitcoin-reserve #us-legislation #domestic-manufacturing #supply-chain-security
Read at news.bitcoin.com
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