A proposed law in Arizona wants to ensure that residents operate encryption nodes

nRunaway Comment: Jeff Weninger, MP of Arizona, is actively promoting several proposed bills on cryptocurrencies and blockchain recently. A bill he recently submitted to the state’s House of Representatives hopes to ensure that residents use blockchain technology to operate nodes, noting that local governments have no power to make the regulatory measures. In general, the MP is actively contributing to creating a friendly block chain and a cryptocurrency atmosphere in Arizona.n
nTranslation: Inan
A Arizona congressional hoped to pass legislation to protect blockchain node operators from being banned by the state or county government.n
The bill, which was filed with the Arizona House of Representatives on February 6, states: “No city or town may prohibit or otherwise restrict the use of blockchain technology to operate nodes in dwellings.” Portions of the act also apply to any Probable county-level regulation, all of which indicate that the regulatory strategy for cryptocurrencies should be country-specific and not local.n
It is not yet clear whether the act is aimed at cryptocurrency miners or at all nodes. Nodes are the key infrastructure layers for such a network. Each node maintains a copy of the blockchain’s transaction records, which can then be shared peer-to-peer across nodes.n
The act states:n
n”For the purposes of this section, ‘running nodes through blockchain technology’ means providing computing power to validate or encrypt transactions in blockchain technology.”n
nThe bill, made by Arizona state legislator Jeff Weninger, was also a 2017 writer for a definitive digital signature and smart-agreement legitimacy bill. That bill was then widely supported by the state legislature and was duly signed by Governor Doug Ducey on March 29 last year.n
Public records indicate that the bill has been submitted to the House of Representatives for further consideration with the Commercial Commission.n

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