The Blockchain Basics Act would allow individuals to host blockchain nodes and conduct crypto mining operations in residential properties without any license requirements, among other benefits.
The Nebraska Legislature saw the introduction of a bill seeking to establish basic crypto standards in the state.
On Jan. 5, Nebraska State Senator Eliot Bostar introduced the legislative bill 911, which seeks to adopt the Blockchain Basics Act. The bill aims to establish regulations to promote a safe and legal cryptocurrency mining, holding and trading environment for the citizens of Nebraska.
The Blockchain Basics Act would allow individuals to host blockchain nodes and conduct crypto mining operations in residential properties without requiring them to hold licenses. However, all operators would also be subject to compliance with local noise ordinances. Crypto businesses, on the other hand, would be required to operate from designated industrial zones only.
