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White House Wants Public Comments on Crypto’s Energy Use and Environmental Impact
The Office of Science and Technology Policy is crafting a report that will examine where crypto fits into the country’s climate goals.
Updated Apr 9, 2024, 11:40 p.m. Published Mar 25, 2022, 9:08 p.m.
The White House’s science and technology team is seeking public commentary on crypto's impact on energy use and the climate.
In his executive order on crypto issued earlier this month, President Joe Biden tasked the White House’s Office of Science and Technology Policy (OSTP) with preparing a report on the “potential for digital assets to impede or advance efforts to tackle climate change and the transition to a clean and reliable electricity grid,” according to a document published in the Federal Register on Friday.
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The energy impact of crypto – particularly, of energy-intensive proof-of-work crypto mining – has become a flashpoint in recent years as lawmakers around the globe have floated proposals to ban proof-of-work mining, citing environmental concerns.
Industry proponents have pushed back against those concerns, claiming that the data used for crypto energy usage projections – some of which claim proof-of-work mining uses more energy than some industrialized nations each year – is unreliable or irrelevant.
Crypto and blockchain technology has also been proffered as a potential solution to environmental challenges, including carbon accounting and reducing emissions from gas flaring.
The OSTP’s forthcoming report represents one attempt to get to the bottom of crypto’s environmental impact.
Interested parties have until May 9 to share their thoughts with the White House.
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What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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U.S. Senate's Crypto Market Structure Bill Gets Messy as Calendar Weighs Down
The White House has shut down proposals, and lawmakers are circulating the Democrats' asks in what had been a close negotiation, revealing 11th-hour pressure.
What to know:
- Democrats shared a response to Republicans outlining their continuing priorities for a crypto market structure bill, which they said was intended to "reach an agreement and proceed towards a mark-up."
- The document laid out concerns with financial stability, market integrity and public officials' ability to trade and profit off of crypto, echoing concerns laid out in a framework Democrats shared in September.
- The Senate is running out of time in the Congressional calendar to hold a markup hearing — a key step toward progressing the bill — before 2025 ends.
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