United States of America: Adopted 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

Adopted 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 1 May 2024, the Arkansas Senate adopted 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). 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 source

Scope

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

Complete timeline of this policy change

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2024-04-17
under deliberation

On 17 April 2024, an amendment of Data Centers Act of 2023 to Provide for the Regulation of Digital…

2024-04-24
under deliberation

On 24 April 2024, the Arkansas Senate passed an amendment of Data Centers Act of 2023 to Provide fo…

2024-05-01
adopted

On 1 May 2024, the Arkansas Senate adopted an amendment of Data Centers Act of 2023 to Provide for …