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Bill protecting Bitcoin mining rights passes in Arkansas Senate and House

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Cryptocurrency 57 minutes ago (Apr 09, 2023 06:40PM ET)

Bill protecting Bitcoin mining rights passes in Arkansas Senate and House © Reuters.

A bill seeking to regulate Bitcoin (BTC) mining activity in Arkansas has passed in the state’s House of Representatives and Senate. The bill will now move to the governor’s office for approval.

According to the bill, the Arkansas Data Centers Act of 2023 intends to regulate the Bitcoin mining industry in the American state, creating guidelines for miners and protecting them from discriminatory regulations and taxes.

Arkansas Data Centers Act of 2023. Source: Arkansas State Legislature

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Bill protecting Bitcoin mining rights passes in Arkansas Senate and House

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