New York
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.
NYC Mayor-Elect Eric Adams to Take First 3 Paychecks in Bitcoin
Incoming New York City Mayor Eric Adams said Thursday he would take his first three paychecks in bitcoin when he takes office in January. This comes as Miami Mayor Francis Suarez announced he would take his next paycheck in BTC. "The Hash" team weighs in on the possible impact of the move for New York's crypto landscape.
New York Crypto Mining Bill Dies in Assembly After Passing State Senate
An environmental protection bill that would have clamped down on bitcoin mining has died in the New York state assembly. "The Hash" team explains why this happened and what it means for the bitcoin mining community.
NYPD Working With Chainalysis on Crypto Investigations
City contract records uncovered by CoinDesk reporters indicate the New York Police Department (NYPD) is working with blockchain surveillance firm Chainalysis to root out crypto-related crime. "The Hash" panel debates whether the NYPD's partnership with Chainalysis is an overreach of surveillance.
