TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO AMEND THE ARKANSAS DATA CENTERS ACT OF 2023 AND TO AMEND THE UNIFORM MONEY SERVICES ACT.
Died in Senate at Sine Die adjournment.
Summary
The resolution would let a senator introduce a bill that removes the current exemption for people who mine cryptocurrencies at home, treating them as money transmitters. It adds home mining to the legal definition of money transmission and forces those miners to apply for a state license by September 1, 2026. The change targets individuals and businesses that mine digital assets.
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