Cryptocurrency Archives - We Find All The BS In Politics

Arkansas

Proposed crypto mining regulations clear Arkansas Senate, head to House • Arkansas Advocate

Two bills that would regulate cryptocurrency mining operations in Arkansas passed the state Senate Wednesday and will be considered by the House. Senate Bill 79 passed with 32 votes for and no dissent, while Senate Bill 78 passed with 26 votes in favor and three votes against it. A few senators abstained from voting on […]

Arkansas

Crypto regulations, lectern audit become the talk of the Arkansas fiscal session • Arkansas Advocate

Last week Arkansas Gov. Sarah Huckabee Sanders signed the first of many appropriations bills for her proposed $6.3 billion state budget that will head to her desk in the coming weeks. Sanders signed a general appropriations bill for the judicial branch, the legislative branch and the state auditor, as well as a separate bill setting […]

Arkansas

Arkansas Senate committee approves two bills to regulate cryptocurrency mining • Arkansas Advocate

An Arkansas Senate committee unanimously approved two bills Thursday that would regulate cryptocurrency mining operations, and the committee will reconvene Tuesday to hear more public comment on the policies. Republican Sens. Joshua Bryant of Rogers and Missy Irvin of Mountain View introduced the bills Wednesday after the House approved resolutions Wednesday allowing them to be […]

Arkansas

Six of eight crypto mining resolutions fall short in Arkansas House • Arkansas Advocate

The Arkansas House on Wednesday authorized the introduction of two bills proposing stricter regulations on cryptocurrency mining while six other proposals failed to gain enough votes. All of the proposed bills would have amended Act 851 of 2023, or the Arkansas Data Centers Act, which passed with bipartisan support and limited the state’s and local […]

Arkansas

Cryptocurrency is making lots of noise, literally

Seven years ago, Gladys Anderson bought her dream home in Bono, Arkansas. “We moved out here to get away from the busyness of town, the noise,” she said. “Just peace and quiet, country living.” But last May, the quiet ended, when the noise began. “It was like torture, like a form of military-grade torture,” she […]

Arkansas

Arkansas Senate approves seven potential bills to regulate cryptocurrency mines • Arkansas Advocate

The Arkansas Senate cleared the way Thursday for lawmakers to take up several potential amendments to a 2023 law that limited the state’s ability to regulate cryptocurrency mining operations. Act 851 of 2023, or the Arkansas Data Centers Act, was introduced just over a week before the 2023 legislative session ended and passed both chambers […]

Arkansas

Arkansas fiscal session begins this week; proposed budget expected to pass with few changes • Arkansas Advocate

Arkansas lawmakers will convene the state’s eighth fiscal session Wednesday, beginning the process of finalizing the state budget for fiscal year 2025, which starts July 1 and ends June 30, 2025. The fiscal session lasts a maximum of 30 days unless three-fourths of the House and Senate vote to extend it. Sen. Jonathan Dismang, R-Searcy, […]

Arkansas

Arkansas senator seeks answers from governor’s office as outcry over unwanted crypto mines grows

LITTLE ROCK (KATV) — Small towns across Arkansas are becoming the unwilling hosts of cryptocurrency mining facilities, hooking up to their power grids and evoking increasing outcry among locals. An Arkansas lawmaker is seeking answers to questions many concerned Arkansans have about cryptomines setting up shop near them. Ever since a Chinese government-affiliated company attempted […]

Mayor

NYC mayor Eric Adams did not report crypto holdings in disclosure form

New York City Mayor Eric Adams arrives for a press conference on gun violence at the Office of Chief Medical Examiner on June 26, 2023 in New York City. Michael M. Santiago | Getty Images New York City mayor Eric Adams has reportedly pledged to correct his annual financial disclosure form filed with the Conflicts […]

Mayor

Miami’s ‘Bitcoin’ Mayor Suarez Doubles Wealth, Buys Boat as Side Jobs Multiply

Miami Mayor Francis Suarez makes $126,000 working for the city, converting it into crypto. Despite last year’s market rout, the 45-year-old Republican’s net worth more than doubled to $3.5 million. Suarez was able to pay off almost $1.7 million in debt from the end of 2021, according to regulatory filings. He also acquired new real […]