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Committee Recommends More Study for Crypto Deregulation Bill

The Senate Commerce Committee was split Thursday on its recommendation for a bill that would deregulate the energy-hungry practice of cryptocurrency mining statewide. After two tied votes — one to recommend passage and another to recommend killing the bill —…

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The legislative body failed to agree to the proposal, and after a tie between the factions, it decided to raise the proposal for an interim study with which to better evaluate the implications of possible deregulation for cryptominary activities. *** The state committee decided to send the measure to interim study after a tie and strong public pressure.The proposal seeks to prevent municipalities from restricting crypto mining.The project includ…

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TokenPost broke the news in on Thursday, October 30, 2025.
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