US lawmakers urge EPA to consider the potential benefits of crypto mining
“Digital assets, and their related mining activities, are essential to the economic future of the United States," said the group of 14 lawmakers. A group of 14 United States senators and House representatives have signed a letter to the Environmental Protection Agency extolling what they believe are the benefits of crypto mining.In a Thursday letter, many U.S. lawmakers including pro-Bitcoin Senator Cynthia Lummis and Representative Tom Emmer addressed EPA administrator Michael Regan, requesting the government agency analyze the potential impact of crypto mining in an effort to balance....
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Several U.S. lawmakers have called on Federal Reserve Chairman Jerome Powell to support cryptocurrency innovation. “The Federal Reserve must work to support domestic innovation … Our government should never be in the business of thwarting innovation.”
Members of Congress Urge Fed Chair Powell to Support Crypto Innovation
Several U.S. Congress members have sent a letter to Fed Chair Jerome Powell asking him several questions regarding the Fed’s effort on cryptocurrency regulation. The bipartisan letter is signed by Reps. Tom Emmer, Darren Soto, Frank....
Eight U.S. lawmakers have sent a letter to the chairman of the U.S. Securities and Exchange Commission (SEC) regarding how the agency collects information from crypto companies. According to the crypto community, the SEC’s “requests” for information “are overburdensome, don’t feel particularly voluntary, and are stifling innovation.”
US Lawmakers Want Answers From SEC
U.S. Representatives Tom Emmer, Darren Soto, Warren Davidson, Jake Auchincloss, Byron Donalds, Josh Gottheimer, Ted Budd, and Ritchie Torres have jointly sent a....
The Kentucky House Budget Committee approved a bill in a 19-2 vote to eliminate the sales tax on electricity for use in cryptocurrency mining operations. The bill, designed to attract more miners to the state, is now in the Kentucky Senate for review. Lawmakers Urge Greater Crypto Appeal Despite Purported Costs Motivated by the explosive growth in blockchain technology and the increased spotlight at cryptocurrencies, Kentucky lawmakers are busy crafting legislation designed to appeal to mining operations. House Bill 230, which the House Budget Committee approved on Tuesday, is designed to....
Members of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption of friendlier regulations.
Iranian MPs Urge for Change in Crypto Policies After Research
Some parliamentarians in Iran have set out to change the government’s regulatory attitude towards cryptocurrencies, citing opportunities to use them to improve the nation’s sanctioned and....
Two U.S. lawmakers have urged the chairman of the Securities and Exchange Commission (SEC) and the acting chairman of the Commodity Futures Trading Commission (CFTC) to establish a joint working group for the regulation of crypto assets. SEC and CFTC Urged to Collaborate on Crypto Regulation U.S. Representatives Patrick McHenry and Glenn “GT” Thompson sent a letter to SEC Chairman Gary Gensler and acting CFTC Chairman Rostin Behnam Monday regarding cryptocurrency. McHenry is the ranking member of the House Financial Services Committee while Thompson is the ranking member of the....