Description

Rejected Digital Asset Mining Act (SB 2603)

On 10 March 2023, the Mississippi Digital Asset Mining Act (SB 2603) was rejected after failing to pass before the expiry of the legislative session. The Act would also have created a Mississippi Digital Asset Mining Council comprising representatives appointed by the Governor, the President of the Senate, the Speaker of the House, members of the public, government officials, and a representative of an environmental non-profit organisation. The Council would have been tasked with evaluating the impact of digital asset mining on the state's economy, environment, and power grid.

Original source

Scope

Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
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

Hide details
2023-01-16
under deliberation

On 16 January 2023, the Digital Asset Mining Protection Act (SB 2603) was introduced in the Mississ…

2023-02-08
under deliberation

On 8 February 2023, the Mississippi Senate passed the Mississippi Digital Asset Mining Act (SB 2603…

2023-03-10
rejected

On 10 March 2023, the Mississippi Digital Asset Mining Act (SB 2603) was rejected after failing to …