New York
Residents Grapple with Crypto Mining Explosion In Niagara Falls
A Blockfusion crypto mining facility in Niagara Falls, New York, was victim to an electrical explosion and subsequent fire last week, causing thousands of miners to go offline.
New York Non-Renewable Crypto Bill Faces Pushback
CoinDesk’s Nikhilesh De explains why the bill limiting non-renewable crypto mining currently being reviewed in the New York State Senate could face pushback from lawmakers. Plus, insights on U.S. Senator Elizabeth Warren’s concerns regarding Fidelity Investment’s plans to add bitcoin investing options to 401(k) plans.
Crypto Community Rallies Against NY State New Mining Bill
A rally was recently held in Albany, New York, against the crypto mining bill that the State Senate will vote on soon. CoinDesk's Nikhilesh De shares his experience at the event, explaining why the Empire State's crypto community is frustrated with the legislation and a proposed alternative bill.
Everything You Need to Know About New York’s New Crypto Bill
The Blockchain Association New York State Lead John Olsen discusses a recent bill passed in the New York State Assembly to ban non-renewable crypto mining. Olsen explains the details of the legislation, the chances of it getting passed in the Senate and misconceptions about blockchain technology amongst lawmakers.
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.
