On April 12, Arizona Governor Katie Hobbs vetoed a piece of legislation that was designed to prohibit local governments from imposing taxes on crypto mining operations. In her letter explaining the veto, Hobbs stated that the bill would have prevented local policymaking and engagement with local stakeholders on an emerging and potentially energy-intensive economic activity. She also cited concerns about the bill’s overly broad definition of blockchain technology.

Read more. https://nftstudio24.com/arizonas-governor-blocks-local-taxes-on-crypto-mining/

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