Landmark Bill To Limit Cryptomining Passes New York Legislature

Landmark Bill To Limit Cryptomining Passes New York Legislature

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Social Studies

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Hard

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State lawmakers passed a new law requiring a study on the environmental impact of fossil fuel power plants used for Bitcoin mining. This legislation, which could affect the crypto industry's job promises, is now awaiting approval from Governor Kathy Hochul.

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OPEN ENDED QUESTION

3 mins • 1 pt

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