Arkansas Senate and House passes Bill protecting Bitcoin mining rights

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The House of Representatives and Senate of the state of Arkansas have approved a law that aims to control Bitcoin mining operations there.

Image source: Arkansas 

The Arkansas Data Centers Act of 2023, which is the proposed legislation, aims to control the Bitcoin mining market in the American state, establishing rules for miners and shielding them from unfair rules and taxes.

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The paper acknowledges "that data centers provide general economic value to local communities, create jobs, and pay taxes."

Image source: Canva



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