Arizona’s Bitcoin Mining Building goes to the Governor’s desk

The state legislature passed on Thursday HB 2342a bill that protects individuals mining and manipulating Bitcoin at home from zoning and usage restrictions imposed by cities and counties.

The bill cleared the Arizona Senate with a narrow 17-12 votes and headed to Gov. Katie Hobbs for final approval.

Introduced in January by Rep. Teresa Martinez (R) HB 2342 amends Arizona’s law, making housing calculation power a problem of “statewide concerns” and effectively strips local governments of regulators in this sector.

To broadly define “computational power” and include blockchain operations such as mining and running nodes, the bill also covers high-performance science research carried out from artificial intelligence workloads, cloud computing, and home setups.

The progress in the bill is part of Arizona’s broader inter-crypto stance. This is because it emerges as a national leader in US states experimenting with sovereignty-level crypto adoption.

Last month, a lawmaker I was pushed forward Two complementary suggestions, Strategic Digital Asset Reservation Law (SB 1373) and Arizona Strategic Bitcoin Reserve Act (SB 1025).

If signed into law, these bills will allow Arizona to build state-managed reserves of digital assets.

Around 26 states have introduced similar Bitcoin Reserve Invoices, but Arizona is the closest to winning one on the finish line. data From Bitcoin Laws Reserve Building Tracker.

Nearby states are competing to catch up. Texas I passed Last month, it was a unique Senate version of the Bitcoin Reserve Bill (SB-21), HB 1203 in Oklahoma I passed by Its house is waiting for 77-15 and Senate votes.

Meanwhile, Kentucky recently took another route, Sign the law on HB 701 Formal protection of independent codes and make it clear that mining and staking activities are not securities or money transmission.

Edited by Sebastian Sinclair