Governor Kathy Hochul – DIGIT INFO

NYC Mayor Eric Adams speaks out against PoW mining ban legislation

DIGIT — Tue, 14 Jun 2022 05:55:22 +0000

The Mayor has been a proponent of the crypto industry and has now pledged support for sustainable Bitcoin miners by asking Governor Hochul to veto a two-year moratorium on mining.

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New York Bill That Aims to Establish a Bitcoin Mining Moratorium Awaits Governor Hochul’s Signature

DIGIT — Fri, 03 Jun 2022 17:50:43 +0000

The state of New York passed a bill that puts a moratorium on specific types of cryptocurrency mining operations that leverage carbon-based energy sources. The policy will place a two-year ban on proof-of-work (PoW) mining if the assembly bill is approved by New York governor Kathy Hochul. New York PoW Mining Moratorium Legislation to Be […]

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BitLicensed Crypto Firms Ordered to Pay Annual Assessment Fees in New York

DIGIT — Tue, 19 Apr 2022 02:04:43 +0000

The fees will bring virtual currency companies on par with those paid by banking and insurance institutions as a way for the state to recoup operating expense costs and “best support” the industry.

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