Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Arkansas Crypto Mining Association seeks to overturn state law targeting foreign cryptocurrency miners

Arkansas Crypto Mining Association seeks to overturn state law targeting foreign cryptocurrency miners

CointimeCointime2025/03/14 05:33
By:Cointime

the Arkansas Cryptocurrency Mining Association is suing two Arkansas officials, alleging that they enforced an unconstitutional discriminatory state rule that prohibits foreign-born American citizens from engaging in cryptocurrency mining activities. Arkansas Attorney General Tim Griffin and Arkansas Oil and Gas Commission Director Lawrence Bengal filed a lawsuit in the U.S. District Court for the Eastern District of Arkansas on March 13.

Earlier, a federal court ruled in November last year to temporarily prevent Arkansas from blocking a naturalized Chinese-American citizen from operating a cryptocurrency mining business. The relevant rules in Arkansas are the "K Rule" and "Act 174", which prohibits foreign-controlled businesses in the state.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like