Arkansas Senate Committee Rejects Bill on Crypto Mining Near Military Sites

According to PANews, the Arkansas Senate's City, County, and Local Affairs Committee has voted against a proposed bill that sought to ban cryptocurrency mining operations within a 30-mile radius of military facilities. The decision was made with a 6-1 vote. The bill also included provisions for the state government to revoke business licenses of crypto mining facilities located near military sites. The proposed legislation featured an emergency clause for immediate implementation, citing potential risks to national and state security from crypto mining activities near various military installations, including army hospitals or clinics. The bill emphasized the necessity of this measure to ensure the health and safety of Arkansas and its citizens.