Federal judge orders Arkansas to stop enforcing crypto mining law
LITTLE ROCK, Ark. – A federal judge has ordered the state of Arkansas to cease enforcement of a 2024 cryptocurrency law.
The temporary injunction ruling was the result of a lawsuit filed by The Arkansas Cryptomining Association in March. The suit asserted that Act 174 of 2024 violates the 14th Amendment's equal protection clause with its intent to stop foreign ownership of cryptocurrency mining operations.
Judge grants temporary restraining order blocking Arkansas enforcement of anti-Chinese-ownership and data center laws
The injunction includes the so-called Rule K, which was developed in order to create the enforcement path for Act 174. The suit asserts that Rule K was created in order to end-run an earlier temporary injunction on enforcement of Act 174 in an earlier case.
Arkansas Oil and Gas Commission Director Alan York, Arkansas Attorney General Tim Griffin and the state of Arkansas are defendants in the case.
Federal judge blocks enforcement of Arkansas Chinese land ownership, crypto mining laws
Chief Judge Kristine G. Baker made the ruling after an April 11 hearing. The judge ordered a preliminary injunction under seal but made a public notice of preliminary injunction.
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