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US Senators Bill Cassidy and Cynthia Lummis have introduced the Mined in America Act, a new bill aimed at bringing digital asset mining back to the country and bolstering President Trump’s Executive Order to establish a Strategic Bitcoin Reserve.

U.S. Treasury Secretary Scott Bessent has confirmed that the department remains committed to expanding the Strategic Bitcoin Reserve established under President Donald Trump’s March executive order. The update came after earlier remarks that claimed that the Treasury would not be purchasing Bitcoin.