Bill protecting Bitcoin mining rights passes in Arkansas Senate and House

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Bill protecting Bitcoin mining rights passes in Arkansas Senate and House
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The Arkansas Data Centers Act regulates Bitcoin mining in the State, granting miners the same rights as data centers.

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' state legislators quickly passed the bill after it was proposed on March 30 by Senator Joshua Bryant, shows the act's status page. The document recognizes"that data centers create jobs, pay taxes, and provide general economic value to local communities.

Under the legislation, crypto miners will also have the same rights as data centers. The bill outlines that Arkansas' government should not"impose a different requirement for a digital asset mining business than is applicable to any requirement for a data center."

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