Eyes On POW: Biden Administration To Release Bitcoin Mining Report In Few Weeks
The PoW mining sector is of interest to the Biden administration. The White House is getting ready to publish a report on blockchain mining, according to Costa Samaras, the Office of Science and Technology Policy’s (OSTP) principal assistant director for energy. Samaras noted: “It’s important if this is going to be part of our financial […]
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According to a new report, U.S. president Joe Biden and his administration are focused on proof-of-work (PoW) mining. The principal assistant director for energy for the White House Office of Science and Technology Policy (OSTP) discussed the research report on July 2, 2022. The OSTP official, Costa Samaras, said if digital currencies plan to stick around then it is important that these financial systems are “developed responsibly and minimizes total emissions.”
White House Eyes Bitcoin Mining and the Industry’s Emissions
A new report will be published by....
The Biden administration is reportedly drafting a government-wide cryptocurrency strategy as an executive order. The directive is expected to be presented to President Joe Biden in the coming weeks. The strategy could be released as soon as next month.
US Government-Wide Crypto Strategy
The Biden administration is reportedly preparing to release an initial government-wide strategy on digital assets, including cryptocurrencies. The strategy is being drafted as an executive order, Bloomberg reported Friday, citing people familiar with the matter, who revealed that senior....
The Biden administration is concerned about digital currency mining operations affecting climate change, after the U.S. Office of Science and Technology Policy published a report that says politicians should take action against crypto mining. The federal government’s entity recommends the Biden administration should encourage more research about mining’s electricity consumption and codify public policy for the entire mining industry.
Office of Science and Technology Policy Report Claims Something Needs to Be Done to Stop Crypto Mining Pollution
According to the....
The Biden administration is reportedly developing a regulatory framework for the cryptocurrency markets. The new chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is waiting for direction from the Treasury to establish cryptocurrency regulation. New Crypto Regulation Being Developed by Biden Administration Fox Business’ Charlie Gasparino reported Monday that the Biden administration is in what’s been described to him by people close to them as “the early stages of developing a regulatory approach to the crypto markets.” He noted that the....
The Biden administration is apparently all set to issue an executive order outlining government-wise cryptocurrency strategy. This shall be released early next month and will be presented by President Joe Biden. The idea behind this report is to provide a detailed, comprehensive and extensive strategy on cryptocurrency along with recognising risks and opportunities of the […]