Arizona ‘s Bitcoin Mining Bill Advances to the Governor’s Desk

The constitutional protections for crypto workers and blockchain network operators is one step closer to being implemented in Arizona.

HB 2342, a bill that shields persons who mine Bitcoin or run bitcoin networks at home from zoning and use regulations imposed by places or counties, was passed by the state legislature on Thursday. &nbsp,

The act passed the Arizona Senate with a close 17–12 majority, and it is now up to Governor Katie Hobbs for final approval.

HB 2342, which was introduced in January by Rep. Teresa Martinez ( R ), amends Arizona’s laws to give residents the right to use computational power as a” statewide concern,” effectively depriving local governments of regulatory authority in this area.

The bill also addresses artificial intelligence loads, cloud computing, and high-performance scientific study conducted from home setups by broadly defining” computing power,” which includes bitcoin operations like mine and running networks.

The president’s improvement is a part of Arizona’s wider crypto-forward stance, which highlights its position as a leader among U.S. states testing out sovereign-level crypto adoption.

The Senate passed two additional legislation last month, the Arizona Strategic Bitcoin Reserve Act ( SB 1025 ) and the Strategic Digital Assets Reserve Bill ( SB 1373 ). &nbsp,

These costs, if passed into law, would allow Arizona to create state-managed digital assets, such as using seized crypto and putting up up to 10 % of the state government or retirement money into Bitcoin.

According to information from Bitcoin Laws ‘ supply bill monitor, Arizona is the state that comes closest to passing one over the end line. Almost 26 other states have also introduced related Bitcoin supply bills.

Neighboring claims are frantically trying to keep up. Oklahoma’s HB 1203 passed through its House 77-15 and is awaiting a Senate vote, while Texas passed its own version of a Bitcoin reserve bill last month ( SB-21 ). &nbsp,

In contrast, Kentucky late signed HB 701 into legislation to understand that miners and staking activities are not securities or cash transmission, and to fully protect self-custodied crypto.

edited by Sebastian Sinclair