Arizona Senate Passes New Bill Granting Bitcoin Mining Rights to Citizens
- US state Arizona has introduced a new crypto-related bill that protects the rights of Bitcoin miners.
- The state has seen the discussion of several cryptocurrency bills over the past few months.
With the US Federal Reserve announcing CPI data, investors expected the crypto market to react positively. However, the leading cryptocurrency Bitcoin fell modestly to the $80K range. Meanwhile, within the regulatory sector, several advancements occurred. US President Donald Trump signed a recent crypto bill that repels the IRS DeFi broker rule.
Notably, the US state of Arizona, which has passed several crypto bills over the past few months, announced a recent bill. According to the latest reports, the Senate has passed a bill—HB 2342—that caters to Bitcoin mining.
This bill, called the Bitcoin Mining Rights Bill, safeguards individual Bitcoin miners from being zoned. It also protects individuals who possess operating nodes at home and prevents usage restrictions.
Previously, in several jurisdictions, Bitcoin mining had been banned due to the excess amount of electricity and high energy levels. This was seen as hazardous to the surrounding areas and natural habitats. However, Arizona’s positive advancement might instigate other US states to take a more positive stance towards Bitcoin mining.
How is Arizona’s Stance on Bitcoin and Crypto?
As aforementioned, over the past few months, multiple US states have discussed crypto-related bills. Arizona is one of the leading states in the forte. The US state has seen the discussion of five different crypto bills in the past two months alone.
Recently, in January 2025, the state passed the Strategic Bitcoin Reserve Bill. Following this, it saw discussions of crypto bills that centered upon crypto ATMs, and Bitcoin as legal tender. Furthermore, the Arizona state has also explored crypto taxation and the government’s imposition of taxes.
Other states that have seen such pro-crypto bills include Missouri and Utah. Apart from these states, Oklahoma and Florida have also shown interest in a Strategic Bitcoin Reserve. With increasing interest in crypto, state governments plan to take the lead in the web3 revolution.
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Arizona Senate Passes New Bill Granting Bitcoin Mining Rights to Citizens
- US state Arizona has introduced a new crypto-related bill that protects the rights of Bitcoin miners.
- The state has seen the discussion of several cryptocurrency bills over the past few months.
With the US Federal Reserve announcing CPI data, investors expected the crypto market to react positively. However, the leading cryptocurrency Bitcoin fell modestly to the $80K range. Meanwhile, within the regulatory sector, several advancements occurred. US President Donald Trump signed a recent crypto bill that repels the IRS DeFi broker rule.
Notably, the US state of Arizona, which has passed several crypto bills over the past few months, announced a recent bill. According to the latest reports, the Senate has passed a bill—HB 2342—that caters to Bitcoin mining.
This bill, called the Bitcoin Mining Rights Bill, safeguards individual Bitcoin miners from being zoned. It also protects individuals who possess operating nodes at home and prevents usage restrictions.
Previously, in several jurisdictions, Bitcoin mining had been banned due to the excess amount of electricity and high energy levels. This was seen as hazardous to the surrounding areas and natural habitats. However, Arizona’s positive advancement might instigate other US states to take a more positive stance towards Bitcoin mining.
How is Arizona’s Stance on Bitcoin and Crypto?
As aforementioned, over the past few months, multiple US states have discussed crypto-related bills. Arizona is one of the leading states in the forte. The US state has seen the discussion of five different crypto bills in the past two months alone.
Recently, in January 2025, the state passed the Strategic Bitcoin Reserve Bill. Following this, it saw discussions of crypto bills that centered upon crypto ATMs, and Bitcoin as legal tender. Furthermore, the Arizona state has also explored crypto taxation and the government’s imposition of taxes.
Other states that have seen such pro-crypto bills include Missouri and Utah. Apart from these states, Oklahoma and Florida have also shown interest in a Strategic Bitcoin Reserve. With increasing interest in crypto, state governments plan to take the lead in the web3 revolution.
Highlighted Crypto News Today:
Read More