Arkansas asks appeals court to revive foreign ownership limits on crypto mining

• —Act 174 bars prohibited foreign parties, including those from China, Iran, North Korea and Venezuela, from owning stakes in mining firms
• —The Arkansas Cryptomining Association sued the state in 2025 over the foreign ownership limits
• —Judge Loken said blocking the whole law raised separation-of-powers concerns
• —A separate case involving Jones Eagle LLC covers a narrower injunction for that company alone