First US State where you can no longer mine crypto: Law Decoded, Nov. 21-28
New York governor Kathy Hochul signed the moratorium, prohibiting any new mining operations that aren’t based on 100% renewable energy.
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New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective
Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat…
New York’s mayor seeks balance with regulators after PoW mining moratorium
Adams said New York is still focused on becoming a crypto hub, but statewide efforts to reduce emissions can be combined with this goal.
New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels
A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be…
New York AG pushes prohibition of crypto purchases via retirement funds
The NYAG clarified that digital assets differ from blockchain technology, and it has no issues with citizens purchasing stakes in publicly traded blockchain-based businesses in retirement accounts.
Breaking down FTX’s bankruptcy: How it differs from other Chapter 11 cases
The FTX bankruptcy has left creditors, investors and industry experts questioning what will happen next — Here is what we can expect.
US national crypto laws should look like New York’s, says state regulator
The superintendent of the New York Department of Financial Services highlighted her state’s stringent standards as the blueprint for federal legislation.
Manhattan District Attorney’s Office probes FTX collapse: Report
A source with knowledge of the investigations reportedly said New York authorities were looking into the collapse of FTX following the firm declaring bankruptcy on Nov. 11.
New York Fed collaborates with Singapore MAS to explore CBDCs
A joint effort is aimed at assessing the possible use of wholesale central bank digital currencies in cross-border transactions.
City of Niagara Falls orders Blockfusion facility to cease and desist crypto mining
The city notice effectively stopped the facility from conducting “any cryptocurrency mining or related operations” until Blockfusion was in compliance with local zoning ordinances.
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