New York
New York State Bans Non-Renewable Crypto Mining
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses a recent bill passed in the New York State Assembly imposing a two-year moratorium on proof-of-work crypto mining using non-renewable energy sources. De addresses the use of hydroelectric power in New York and broader environmental concerns regarding crypto mining.
Elon Musk Reverses Decision to Join Twitter Board of Directors
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses Elon’s Musk decision not to take a board seat at Twitter after becoming the largest outside shareholder in the social media platform. Plus, a conversation about New York state’s new budget plans for crypto oversight.
EU MiCA Bill Progresses Without Bitcoin Mining Provision
The European Parliament's Markets in Crypto Assets (MiCA) bill has moved forward, omitting a controversial provision that targeted proof-of-work mining. “The Hash” team compares MiCA to a similar piece of legislation making headway in the state of New York and examines what the future of crypto oversight in Europe might look like.
The City That Decided to Ban Crypto Mining
As part of CoinDesk’s Mining Week coverage, U.S. Regulatory Reporter Cheyenne Ligon explains why the upstate New York city of Plattsburgh imposed a ban on crypto mining as tensions arose with the local community. Plus, Ligon offers insights into the current sentiment of N.Y. state lawmakers and the broader significance of this story.
US Small Towns vs. Crypto Miners: The Plattsburgh, NY Case Study
Plattsburgh, New York made headlines in 2018 when it became the first U.S. city to temporarily ban crypto mining. The moratorium was lifted ahead of schedule. CoinDesk traveled to the North Country to speak with local residents and public officials and get a firsthand look at how the city known for its dirt-cheap electricity is grappling with having cryptocurrency mining operators in their community. Doreen Wang reports.
WeWork for Web 3? EmpireDAO Leases NYC Coworking Space
A decentralized autonomous organization called EmpireDAO is leasing a property in New York City to create a coworking space for crypto builders. “The Hash” discusses how this project can help bring a sense of community and human interaction to Web 3 and the state of the New York crypto scene.
What Is CityCoins and How Does It Work?
Miami and New York are among the first cities to receive their own CityCoins designed to benefit local citizens, but how do CityCoins work? Freehold CEO and CityCoins Community Lead Patrick Stanley breaks down the CityCoins program amid the rise of local city tokens.
Senator Elizabeth Warren Targets Bitcoin Miner Greenidge’s Environmental Footprint
CoinDesk's Nikhilesh De shares insights into the detailed letter sent out by U.S. Senator Elizabeth Warren (D-Mass.) to the CEO of Greenidge Generation (GREE), questioning the environmental footprint of its bitcoin mining operation in New York state. Plus, reaction to the SEC rejecting WisdomTree's spot bitcoin ETF application.
How New York’s BitLicense Could Hinder Crypto Innovation in the State
New York’s landmark cryptocurrency regulation BitLicense debuted in 2015 to mixed reviews. Lolli co-founder and CEO Alex Adelman discusses its continuing impact on his bitcoin rewards company and on the wider landscape of New York’s crypto world.
