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Arkansas Senate passes two new crypto mining bills

The Arkansas Senate of the United States of America  has passed two new bills that will regulate cryptocurrency mining in the state. With these two bills, regulations around crypto mining will be tightened in the Arkansas state. The bills, after being approved in the Arkansas senate, will now head towards the house. On Wednesday, Senate Bill 79 passed with 32 votes in favor, and Senate Bill 78 received 26 in favor, none of them had voted against it. The SB78 was filed by Senator Joshua Bryant and established limits to the crypto mining activity by prohibiting them from being owned by certain foreign entities and allowing local governments to pass ordinances regulating the mines.


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