Arizona has taken a step towards securing legal protections of crypto-miners and operators of blockchain nodes.
The state legislature adopted a new law on Thursday. HB 2442A bill protecting individuals from city or county restrictions on usage and zoning for those who mine Bitcoin at home or run blockchain nodes.
WATCH: Arizona Senate PASSES Bitcoin mining rights bill, by a vote of 17-12 https://t.co/S8YjYoTp3C pic.twitter.com/w8E00DXnkI
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The bill cleared the Arizona Senate in a narrow 17–12 vote and now heads to Governor Katie Hobbs for final approval.
HB 2342, introduced in January by Rep. Teresa Martinez(R), amends Arizona laws in order to “statewide concerns” about the use of computing power at home. This effectively strips local governments from regulatory authority.
The bill targets cloud computing and home-based high-performance research. It also defines “computational” power broadly, to include operations such as blockchain mining and node running.
The bill's advancement is part of Arizona's broader crypto-forward stance, as it is emerging as a national leader among U.S. states experimenting with sovereign-level crypto adoption.
The last month’s lawmakers Pushing forward Two complementary suggestions Strategic Digital Assets Reserve Bill The (SB 1373) and the Arizona Strategic Bitcoin Reserve Act (SB 1025).
These bills, if signed into law by the Governor, would enable Arizona to create state-managed digital asset reserves, using crypto assets seized and up to 10% from state funds or pensions.
Arizona has the best chance of completing one, out of 26 similar bills. Reserve bill tracking by Bitcoin Laws
The neighboring states race to catch up. Texas The following is a list of the most recent and relevant articles. Oklahoma also passed HB 1203, a version of the Senate’s Bitcoin Reserve Bill (SB-21), last month. Through the sailed its House 77–15 and awaits a Senate vote.
Kentucky took another route recently. signing HB 701 into law It is important to protect the crypto assets that you hold and make it clear that they are not money or securities.
Sebastian Sinclair is the editor