Arizona Governor Vetoes Bill to Limit Local Regulations and Taxes on Blockchain Node Operators
Arizona Governor Katie Hobbs has vetoed legislation that would have barred municipalities from taxing cryptocurrency mining operations. In a Wednesday letter, Hobbs said that the bill SB 1236 seeks to tie the hands of lo...
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In a Wednesday letter, Hobbs said that the bill SB 1236 seeks to tie the hands of local stakeholders in regard to crypto mining policymaking. She said:
"The bill broadly defined "blockchain technology" and prevents local policymaking concerning an emergent and potentially energy-intensive economic activity.”...
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