Arkansas Rejects Crypto Mining Restrictions
The Arases Senate has rejected the Senate Act 60, which will prohibit cryptocurrency mining facilities within 30 miles radius of any military facility in the state.
The bill requires digital asset mining business in the area to stop operation, unless they obtained a license before December 31, 2024.
Arkansonian Member rejected the restrictions on the encryption mining industry
Senate Act 60, the title “Forbidden Digital asset mining business comes from In the 30 miles of military facilities, “6-1 voting on Thursday was rejected according to Go to the Democratic Communist Party of Arkansas.
Senator Ricky Hill and Brian S. Evans on behalf of Brian S. Evans. They believe that although digital asset mining (usually called Encrypted mining-Prime Minister Economic OpportunitiesIt also has risks.
“The risks brought by digital asset mining include unlimited threats to the country Safety And the security of Arkansas “” bill read.
The bill adds that when such facilities are running within the radius of Arkansas’ military bases, the risk of mining mining mines will intensify.
The bill asserted: “In order to ensure the health and safety of Arkansas and its citizens.”
If it passes, legislation will need Digital asset mining business Turn off within the specified radius. Unless they obtained the permission of the Petroleum and Natural Gas Committee before December 31, 2024, this will be applicable.
Also, in progress Construction mining facilities in these areas It may need to stop. The bill also awarded the power of the chief prosecutor to investigate potential violations. This includes the power to issue a subpoena and collects an oath statement to perform the power to perform compliance.
Despite these regulations, the bill has not received enough support, so that the digital asset mining business can operate freely without proposed restrictions.
This development follows Aken Sizhou in April 2023 “mineral rights” lawEssence The law protects the state’s Bitcoin mining activities by loosening the restrictions on commercial encryption mining. Nevertheless, it still faces substantial opposition Critics pay attention to environmental and energy consumption.
At the same time, the legislators of North Dakota have proposed legislation to protect the rights of cryptocurrency users and miners. On behalf of Nathan Toman, a bill designed to protect basic Bitcoin related rights.
Dennis Porter Satoshi Action Fund confirmed the introduction of the bill through social media platform X (previously Twitter).
“The bill will protect the following conditions: the right customer-equivalent-2-per transaction rights-the right to operate node“Potter statementEssence
As the interest in cryptocurrencies grows in the national level, these situations have developed. President Donald Trump (Donald Trump) is now in the second term Express strong support for the domestic bitcoin mining industry. He has publicly advocated all future Bitcoin mining in the United States, thereby strengthening his government’s parent Kletopp’s position.
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