Arkansas lawmakers approve new restrictions on cryptocurrency mines after backlash over ’23 law

LITTLE ROCK, Ark. (AP) — Arkansas lawmakers on Wednesday gave final approval to new restrictions on cryptocurrency mining operations after facing backlash for limiting local governments’ ability to regulate them last year.

The majority-Republican House overwhelmingly approved the Senate-backed measures, sending them to GOP Gov. Sarah Huckabee Sanders’ desk. The bills were among the few non-budget issues on the agenda for a legislative session lawmakers expect to wrap up Thursday.

The bills are intended to address complaints about a law passed last year on cryptocurrency mines, which are data centers requiring large amounts of computing power and electricity. Local officials and residents who live near the operations complained that last year’s law interfered with addressing complaints about the mines’ noise and impact on the community.

The measures require the facilities to apply noise-reduction techniques, and requires crypto mining businesses to get a permit from the state to operate. It also removes portions of the 2023 law that limited local governments’ ability to enact measures regulating the sound decibels generated by the facilities.

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