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Read. Follow. Verify.Arkansas resolution authorizes bill to repeal digital asset mining exemptions and require money transmitter licensing
Last action · April 29, 2026: Died in Senate at Sine Die adjournment.Sponsor: Bryan King
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What This Bill Proposed
The Arkansas Senate authorized the introduction of a bill that repeals exemptions for home and digital asset mining businesses under the Uniform Money Services Act, classifies digital asset mining as money transmission, and requires current operators to apply for licensure by September 1, 2026.
- The Arkansas Data Centers Act was enacted in 2023 to establish legal frameworks for digital asset mining operations within the state. context
- The Uniform Money Services Act governs the regulation of money transmitters, check cashers, and currency exchangers in various jurisdictions. context
Who It Would Have Affected
Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.
Home digital asset miners
Home digital asset miners lose their exemption from the Uniform Money Services Act and must apply for licensure by September 1, 2026.
Digital asset mining business operators
Key Facts
- Arkansas Code § 14-1-604(e) concerning the exemption for home digital asset mining or digital asset mining businesses under the Uniform Money Services Act is repealed.
- Arkansas Code § 23-55-102(15)(A) is amended to add engaging in home digital asset mining or operating a digital asset mining business to the definition of money transmission.
- A person engaging in home digital asset mining or operating a digital asset mining business as of the effective date must apply for licensure under the Uniform Money Services Act on or before September 1, 2026.
Frequently Asked Questions
What does this resolution do?
When do existing digital asset miners need to apply for a license?
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News Coverage
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Votes, people, money & the original sourceWhere This Stands
This bill did not become law - Died on the Senate floor.
Procedural history
4 actions- Apr 29, 2026SenateDied in Senate at Sine Die adjournment.
- Apr 21, 2026SenateRead third time and failed of adoption.
- Apr 8, 2026SenateIntroducedRead the first time, rules suspended, read the second time and placed on the calendar.
- Apr 6, 2026SenateIntroducedFiled
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Removal of Digital Asset Mining Exemptions
The measure reverses previous exclusions by folding digital asset mining directly into money transmission laws.
Connected Entities
Sources
arkleg.state.ar.us
Analysis Score
0–100- Significance20Lowered because this bill did not pass (its text scored 60)
- Controversy50Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz35Current news / social attention level
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