Kathy Hochul News

08.06 / 04:41

Government Blockchain proof-of-work New York Governor yet to commit to signing Bitcoin mining ban into law

New York overnor Kathy Hochul is yet to publicly commit to signing the controversial Proof-of-Work (PoW) crypto mining ban bill, instead noting that her team will be looking “very closely” at the proposal over the next few months.

07.06 / 14:15

cryptocurrency CLIMATE CRISIS Bitcoin Power Cryptocurrency miners may no longer be able to use fossil fuel-generated power in New York

The New York State Legislature has passed a bill that would impose a two-year ban on the use of fossil-fuel power plants to provide energy to miners of cryptocurrencies like Bitcoin.

06.06 / 15:59

Blockchain Twitter Bitcoin New York's push to ban crypto mining triggers response from community

As the state of New York pushes forward a bill that will ban proof-of-work (PoW) mining once approved, members of the crypto community express their disagreement through social media.

03.06 / 15:03

Blockchain New York State Bitcoin New York AG warns against crypto investments amid state push to ban mining

As New York pursues efforts to ban proof-of-work (PoW) crypto mining, the attorney general reminded investors of the risks associated with investing in crypto.

03.06 / 13:29

Africa proof-of-work Bitcoin New York State To Ban Carbon-Powered Bitcoin, Altcoin Mining, While Kenya Fosters Green BTC

As regulators across the world work to adopt varying stances on crypto mining, the US state of New York and the East African country of Kenya offer two examples of how legislators can thwart or foster crypto innovation through their initiatives.

01.05 / 16:47

Law proof-of-work POW Go green or go home? What the NY State mining moratorium could mean for crypto industry

On April 26, the State of New York put itself at the forefront of the regulatory struggle with crypto, as its Assembly voted for a two-year moratorium on crypto mining operations that use energy generated by fossil-fuel power plants. Depending on how one looks at it, this development could either signal a new alarming legislative trend or a trigger that would accelerate the digital asset industry’s movement toward a more sustainable path.

27.04 / 07:37

Government Law proof-of-work POW Power New York State Assembly passes ban on new BTC mines that don't use green power

The New York State Assembly passed a bill late on Tuesday April 26 that would place a two-year ban on all new proof-of-work (PoW) cryptocurrency mining facilities in the state that use a carbon based fuel to power their operations.

19.04 / 04:57

fees BItlicense BitLicensed Crypto Firms Ordered to Pay Annual Assessment Fees in New York

The cost of running a crypto business in New York is about to rise with the state government gearing up to require companies holding a BitLicense to pay assessment fees to ensure they’re complying with regulations.

08.04 / 17:25

Law Environment Court NY State Supreme Court dismisses petition against crypto mining company

In an important precedent, a New York State Supreme Court judge in Yates County ruled in favor of cryptocurrency mining firm Greenidge Generation, dismissing a petition filed by a coalition of environmental activists.

04.03 / 06:47

Adoption economics Bitcoin Russian crypto volume across major exchanges plunges by 50%

Data from blockchain-analysis firms show that Russian denominated crypto purchasing and trading on major exchanges have faltered, debunking theories that the country will pivot to digital assets to circumvent sanctions.

03.03 / 06:43

Blockchain New York state ramps up blockchain monitoring to enforce sanctions

New York state’s efforts to enforce sanctions against Russia have ramped up a gear with the Department of Financial Services, or DFS, expediting the procurement of additional blockchain analytics technology.

10.02 / 12:19

regulation BItlicense Bitcoin Billionaire Bill Ackman calls for crypto clarity in New York

Billionaire investor Bill Ackman has called upon New York City mayor to look into the crypto regulatory clampdowns associated with BitLicense.

01.02 / 20:39

Mining regulation New York gubernatorial candidate calls for moratorium on proof-of-work mining

With roughly nine months until major federal and state elections, New York State gubernatorial candidate Jumaane Williams is making crypto mining an issue in his campaign, criticizing the lack of regulatory clarity.

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