Coinspeaker
Gov. Sanders Faces Senate Pushback on Crypto Mining Regulations
Sarah Sanders, Arkansas’ Governor, delivered her first “State of the State Address” speech to lawmakers during the fiscal session on Wednesday. Outlining budgetary priorities, she said that if they pass a budget reflecting her priorities, she would sign it.
Two crucial issues have been at the forefront of the session. One was the persistent challenge of reaching a consensus on cryptocurrency regulations highlighted by many of the senates. The second was the salary hikes for government workers, a pressing issue that garnered widespread approval.
The current crypto mining law allows their establishment, with local authorities maintaining oversight during the initial stages. However, these facilities are subject to limited regulation. Consequently, certain sites in Arkansas have faced scrutiny due to concerns regarding foreign ownership and control.
Senators Debate Cr
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