Tag: Bitcoin

NY Gov. Kathy Hachul Signs Novel Law to Curb Crypto Mining

NY Gov. Kathy Hachul Signs Novel Law to Curb Crypto Mining

New York Governor Kathy Hachul signed a first-of-its-kind bill on Tuesday banning certain bitcoin mining operations that use carbon-based power sources, becoming the first state in the nation to impose such a ban. It is also the nation’s most restrictive law regulating cryptocurrency mining.

Hey! Are you enjoying NYCTastemakers? Make sure to join our mailing list for NYCTM and never miss the chance to read all of our articles!