Merge is ‘a step in the right direction’ to address crypto’s energy usage — Rostin Behnam Post author:MiamiCrypto Post published:September 15, 2022 Post category:cftc / Energy Consumption / Merge / Regulation / United States The CFTC chair said that the Ethereum blockchain’s transition to proof-of-stake, despite reducing energy usage by more than 99%, may not go far enough in resolving the problem. You Might Also Like GENIUS Act Spurs First US-Compliant Stablecoin Launch July 25, 2025 CFTC Chair Changes His Mind About Ethereum Being a Commodity December 1, 2022 Coinbase Meeting With US Lawmakers to Discuss Crypto Regulatory Proposal October 3, 2021