Cassidy-Lummis Bill Targets Chinese Crypto Mining Hardware with New Legislation
Republican Senators Bill Cassidy and Cynthia Lummis have introduced legislation aimed at banning US crypto mining operations from using hardware linked to China and other foreign adversaries. The bill, which would force certified mining facilities to phase out equipment sourced from hostile nations, also seeks to codify President Donald Trump's Strategic Bitcoin Reserve into federal law.
The proposal would require the National Institute of Standards and Technology and the Manufacturing Extension Partnership to assist domestic manufacturers in building secure, energy-efficient mining equipment. Cassidy said, 'Digital asset mining is a big part of our economy,' adding that the bill would 'secure supply chains, bolster US manufacturing, and support this industry.'
The legislation reflects Trump's 2024 campaign promise to bring Bitcoin mining back to American soil, although recent tariff policies have complicated this effort due to the reliance on Chinese hardware. The Republican bill arrives days after Democratic Senator Elizabeth Warren asked the Commerce Department about national security risks tied to Chinese mining hardware.