The bill’s sponsor Greg Vitali included a clause that instead subjects miners to ongoing reporting requirements to get the bill past a House Committee.
Category: Crypto mining ban
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New York State Assembly passes ban on new BTC mines that don’t use green power
The bill will now be carried with support to the Senate for passing before a final sign-off into law by Governor Hochul.
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Hungary’s Central Bank Governor Calls for EU-Wide Ban on Cryptocurrency Trading and Mining
The governor of Hungary’s central bank has called for a ban on cryptocurrency trading and mining in the European Union. “It is clear-cut that cryptocurrencies could service illegal activities and tend to build up financial pyramids,” he said. Hungarian Central Bank Chief Wants EU-Wide Crypto Trading and Mining Ban The Hungarian National Bank, the central […]
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Proposed New York Bitcoin mining ban watered down to allow green projects
New York senators have amended a proposal to ban all crypto mining for three years, and are now seeking to only stop mining firms backed by carbon-based fuel sources.
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