White House To Craft Bitcoin Mining Policy Addressing Energy Use: Report

White House To Craft Bitcoin Mining Policy Addressing Energy Use: Report

The Biden administration is reportedly crafting policies intended to lower energy consumption and emissions from bitcoin mining.The White House is drafting policy to address bitcoin mining as it seeks to lessen energy consumption and emissions. In March 2022, President Biden signed an executive order in a “whole of government” approach to regulate the broader cryptocurrency market. Per the executive order’s timeline, a report is expected to be released in August detailing climate impact and other governing concerns.The Biden administration is crafting policy recommendations aimed at....


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