§ 9-500.42 Prohibition on regulation of running node on blockchain technology; state preemption; definition

AZ Rev Stat § 9-500.42 (2019) (N/A)
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9-500.42. Prohibition on regulation of running node on blockchain technology; state preemption; definition

A. A city or town may not prohibit or otherwise restrict an individual from running a node on blockchain technology in a residence.

B. The regulation of the act of running a node on blockchain technology in a residence is of statewide concern and not subject to further regulation by a city or town.

C. For the purposes of this section, " running a node on blockchain technology" means providing computing power to validate or encrypt transactions in blockchain technology as defined in section 44-7061.