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Reading: Arizona: the law that protects Bitcoin mining has been approved by the Senate
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Probizbeacon > Mining > Arizona: the law that protects Bitcoin mining has been approved by the Senate
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Arizona: the law that protects Bitcoin mining has been approved by the Senate

April 12, 2025 3 Min Read
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3 Min Read
Arizona: the law that protects Bitcoin mining has been approved by the Senate
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In Arizona, the law HB 2342 that protects individuals in the Bitcoin mining sector was approved by the Senate with 17 votes in favor and 12 against. Now the law goes to Governor Katie Hobbs for final approval.

Arizona and the Senate approval of the HB 2342 law on Bitcoin mining

In Arizona, the Senate approved yesterday the law HB 2342 on Bitcoin mining with 17 votes in favor against 12 against. 

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“Arizona approves the law on Bitcoin mining rights. The law HB 2342 protects anyone running a node or mining digital assets from zoning or usage bans. The law was approved today by the Senate with 17 votes in favor and 12 against and is now under review by the Governor for signing.”

Now, the law HB 2342 will go into the hands of Governor Katie Hobbs for final approval. 

Arizona: what is the HB 2342 law on Bitcoin mining?

The new law HB 2342 just passed by the Arizona Senate, was introduced last January 2025, by Representative Teresa Martinez.

In general, this law protects individuals who perform Bitcoin mining or manage blockchain nodes in their own homes, from zoning and usage restrictions imposed by cities and counties. 

Not only that, this law deprives local governments of regulatory authority in the sector, contrary to what happened previously. 

In HB 2342, “computing power” has been broadly defined to include blockchain operations such as mining and running nodes. In reality, the law also involves AI, cloud computing, and high-performance scientific research conducted by domestic installations.

See also  Bitcoin Mining Profitability Rose 2% in July Amid BTC Price Rally, Jefferies Says

Arizona is among the leading states in the USA experimenting with the adoption of crypto and blockchain at a sovereign level. 

Already in 2022, when Joe Biden had signed the executive order for crypto regulation in the USA, Arizona continued its path on Bitcoin and crypto. In fact, already at stake was the bill by Senator Wendy Rogers to make Bitcoin a legal currency.

The proposed law for a national reserve in Bitcoin

In January 2025, the Arizona Senate had also approved a bill to use Bitcoin (BTC) as a state reserve. 

This proposal includes a framework that allows the State to accept, hold, and manage BTC as part of its reserve funds, alongside the US dollar. 

Last month, however, the legislators introduced two complementary proposals: the Strategic Digital Assets Reserve Bill (SB 1373) and the Arizona Strategic Bitcoin Reserve Act (SB 1025).

If signed, these bills would allow Arizona to create state-managed digital asset reserves, also using seized cryptocurrencies and investing up to 10% of the state treasury or pension funds in Bitcoin.

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Reading: Arizona: the law that protects Bitcoin mining has been approved by the Senate
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