Arkansas is asking the US Eighth Circuit Court of Appeals to lift a ban on foreign ownership in local crypto mining firms. A 2024 state law prohibits companies from countries with US arms export controls from holding equity in Arkansas crypto miners. The state argues this law, targeting perceived national security threats, falls under state police powers and isn't preempted by federal rules. Oral arguments are underway.
#crypto #blockchain #news
Blockchain Report
npub1cg…nmysr
2026-10-21 03:06:13 UTC
Author Public Key
npub1cg2ejqexhx88llcve0yxts2exv5q9k0a88l69q0vp7y5n0f2xyfscnmysrPublished at
2026-10-21 03:06:13 UTCEvent JSON
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"content": "Arkansas is asking the US Eighth Circuit Court of Appeals to lift a ban on foreign ownership in local crypto mining firms. A 2024 state law prohibits companies from countries with US arms export controls from holding equity in Arkansas crypto miners. The state argues this law, targeting perceived national security threats, falls under state police powers and isn't preempted by federal rules. Oral arguments are underway.\n\n#crypto #blockchain #news ",
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