Skip to content

Arkansas lawmakers approve new restrictions on cryptocurrency mines

Arkansas lawmakers approve new restrictions on cryptocurrency mines
Local officials and residents who live near the operations complained that last year's law interfered with addressing complaints about the mines’ noise and impact on the community.

Table of Contents

Arkansas lawmakers have approved new restrictions on cryptocurrency mining operations after facing criticism for limiting local governments' ability to regulate them last year. The bills require the facilities to apply noise-reduction techniques and get a permit from the state to operate. They also remove portions of the 2023 law that limited local governments' ability to enact measures regulating the sound decibels generated by the facilities. The legislation also prohibits businesses and individuals from several countries, including China, from owning crypto mining operations in the state. The bills are expected to be signed into law by GOP Gov. Sarah Huckabee Sanders.

Source

Latest