Senate committee approves two bills to regulate cryptocurrency mining


by Arkansas Times

Arkansas Times— An Arkansas Senate committee unanimously approved two bills Thursday that would regulate cryptocurrency mining operations, and the committee will reconvene Tuesday to hear more public comment on the policies.

Arkansas Times—Two crypto mine regulations pass Senate; King's more aggressive proposals likely dead. A couple of bills regulating noisy, electricity-guzzling crypto mines are still alive. Six tougher proposals are now likely dead. The two moving forward address many key concerns, but some fear that they seem to have the backing of the crypto industry.

Arkansas Times—Crypto regulation bills advance out of House committee. As a House committee took up two crypto bills -- co-sponsored by the same senators that pushed through the law last year they're now trying to fix -- one lawmaker summed it up: "This is almost an embarrassing situation."

Arkansas Times—Two crypto regulation bills, now amended, moving ahead. The two crypto regulation bills that remain still have some serious questions -- and may not go far enough -- but they should help address some of the significant problems with the crypto mining industry.