United States of America: Introduced Amendment of Data Centers Act of 2023 to Provide for the Regulation of Digital Asset Mining Businesses and Business Utilizing a Blockchain Network (SB 79) including licensing requirement
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Description
Introduced Amendment of Data Centers Act of 2023 to Provide for the Regulation of Digital Asset Mining Businesses and Business Utilizing a Blockchain Network (SB 79) including licensing requirement
On 17 April 2024, an amendment of Data Centers Act of 2023 to Provide for the Regulation of Digital Asset Mining Businesses and Business Utilizing a Blockchain Network (SB 79) was introduced to the Arkansas State Legislature. The Bill requires digital asset mining businesses or businesses using a blockchain network in Arkansas to obtain a license from the Department of Energy and Environment.
Original sourceScope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), DLT development
Implementation Level
subnational
Government Branch
legislature
Government Body
parliament