Proposed GOP Bill Targets Foreign Crypto Mining Hardware
March 30, 2026
Proposed GOP Bill Targets Foreign Crypto Mining Hardware – Bloomberg
Republican senators on Monday unveiled a bill to stop US crypto mining companies from using equipment tied to China and other foreign adversaries.
The legislation, led by Louisiana Senator Bill Cassidy and Wyoming Senator Cynthia Lummis, would require certified facilities to phase out such hardware, while also codifying President Donald Trump’s 2025 executive order establishing a Strategic Bitcoin Reserve within the Treasury Department.
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