Arkansas lawmakers authorize study on regulating crypto mines, months after limiting local governments’ control

Arkansas state Reps. R. Scott Richardson (left), R-Bentonville, and Trey Steimel, R-Pocahontas, listen to state Sen. Joshua Bryant present a proposal during the House and Senate Committee on City, County, and Local Affairs joint meeting at the state Capitol on Wednesday, March 27, 2024. The proposal, which was later approved, authorizes a study on “the development of a strategy to regulate digital asset mining (also known as ‘crypto mining’) businesses within the State of Arkansas.” (Arkansas Democrat-Gazette/Staci Vandagriff)
Arkansas state Reps. R. Scott Richardson (left), R-Bentonville, and Trey Steimel, R-Pocahontas, listen to state Sen. Joshua Bryant present a proposal during the House and Senate Committee on City, County, and Local Affairs joint meeting at the state Capitol on Wednesday, March 27, 2024. The proposal, which was later approved, authorizes a study on “the development of a strategy to regulate digital asset mining (also known as ‘crypto mining’) businesses within the State of Arkansas.” (Arkansas Democrat-Gazette/Staci Vandagriff)

State lawmakers are still grappling with how to regulate a new industry that has pitted rural Arkansas against noisy tech entrepreneurs.

With lots of questions, some regrets and few answers, members of a House and Senate committee that met jointly on Wednesday voted to authorize a study on "the development of...

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