Arkansas Senate rejects bill to ban crypto mining near military installations

Odaily News The Arkansas Senate Committee on Cities, Counties and Local Affairs voted 6-1 to reject a bill that would have prohibited cryptocurrency mining operations within 30 miles of a military installation. The bill would have also allowed the state to revoke business permits issued to crypto mining facilities located near military installations. The proposed legislation included an emergency provision that would have taken immediate effect, stating that crypto mining operations near various military installations, including military hospitals or clinics, could pose a risk to national and state security. The bill states that the measure is necessary to ensure the health and safety of Arkansans and their citizens. (TheBlock)