Interesting perspective on the long-asked question: can Bitcoin ever be green? The tension between Bitcoin’s rapid growth and sustainability remains a critical issue, with its energy consumption posing significant concerns....more
The cryptocurrency industry is receiving a significant amount of executive and legislative attention. Biden’s Executive Order on Digital Assets in April 2022, several Congressional inquiries, proposed federal legislation, and...more
On June 3, 2022, the New York State Senate passed the first bill in the country that bans certain cryptocurrency (crypto) mining operations. This bill, passed by the New York State Assembly in April 2022, now goes to...more
Although only 16% of Americans have personally invested in or exchanged cryptocurrencies, the ever-increasing use of this virtual currency in the U.S. will have very real ramifications for virtually all Americans. Arguably,...more
On January 20, 2022, the U.S. House Committee on Energy and Commerce (the “Committee”) held a hearing on the energy consumption associated with cryptocurrency activity....more