July 23, 2024
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Arizona Governor Vetoes Bill Banning Local Taxes, Fees on Crypto Mining

Hobbs’ letter implies that she has vetoed Senate Bill 1236. This law seeks to guarantee that taxes and levies levied on blockchain mining node operators are a statewide problem, rather than a local or regional issue. The law, according to Hobbs, “prevents local policymaking concerning an emerging and potentially energy-intensive economic activity.” She also stated

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