Crypto mining has come again under scrutiny as the Arkansas State House has passed two bills that could likely restrict the activity in the place. The scrutiny comes right ahead of crucial elections, which anyways will see crypto voters playing an important part in the selection process. However, these bills have not yet translated into full-fledged laws.
Arkansas State to Likely Restrict Crypto Mining
According to local media reports, two proposals that could limit cryptocurrency mining were passed by the Arkansas House on Wednesday. Although they are not currently laws, they open the door for further debate and eventual adoption.
Act 851, a policy that safeguards cryptocurrency mining, was supported by more than 90% of state lawmakers last year. However, during the 2024 legislative session, lawmakers are reversing this decision by voting in favor of eight different related legislation in the House.
Two of the eight legislation that were presented to the House on Wednesday passed, eve
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