New York


Policy

Crypto Mining Moratorium Faces Stiff Headwinds in Albany

The New York State Assembly voted to pass the bill last week, but a fresh wave of opposition from industry and lawmakers alike could make the Senate battle much more difficult.

New York's state Capitol building in Albany (Getty Images/Larry Lee Photography)

Videos

Crypto Community Rallies Against NY State New Mining Bill

A rally was recently held in Albany, New York, against the crypto mining bill that the State Senate will vote on soon. CoinDesk's Nikhilesh De shares his experience at the event, explaining why the Empire State's crypto community is frustrated with the legislation and a proposed alternative bill. 

Recent Videos

Videos

Everything You Need to Know About New York’s New Crypto Bill

The Blockchain Association New York State Lead John Olsen discusses a recent bill passed in the New York State Assembly to ban non-renewable crypto mining. Olsen explains the details of the legislation, the chances of it getting passed in the Senate and misconceptions about blockchain technology amongst lawmakers.

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Policy

What a Mining Moratorium Could Really Mean for New York’s Crypto Industry

The state's proposed two-year ban is inching closer to reality, and experts warn about its potentially chilling effect.

New York's state Capitol building in Albany (Getty Images/Larry Lee Photography)

Videos

New York State Bans Non-Renewable Crypto Mining

CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses a recent bill passed in the New York State Assembly imposing a two-year moratorium on proof-of-work crypto mining using non-renewable energy sources. De addresses the use of hydroelectric power in New York and broader environmental concerns regarding crypto mining.

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Policy

New York State Assembly Passes Bill Blocking New Crypto Mines That Use Non-Renewable Power

The bill will impose a two-year moratorium on new crypto mining firms that use a carbon-based energy source. Existing facilities aren't affected, nor are any that tap renewable resources.

Cryptocurrency mining rigs sit on racks. (James MacDonald/Bloomberg via Getty Images)

Policy

New York Lawmakers Advance Mining Moratorium Bill to Full Assembly

The bill would bar new permits for proof-of-work mining operations in former power plants for two years.

Cryptocurrency mining rigs sit on racks. (James MacDonald/Bloomberg via Getty Images)

Tech

Smart Offsets: Algorand Ups Sustainability Pledge With Self-Executing Code

The smart contract–based commitment to sustainability coincides with Earth Day, which is Friday.

A rendering of Algorand's Times Square activation. (Algorand Foundation)

Finance

Former Ethereum Developer Virgil Griffith to Be Sentenced in New York Court Tuesday

Griffith, who pleaded guilty last year to one count of conspiracy to violate international sanctions against North Korea, faces up to 6 1/2 years in prison.

Ethereum developer Virgil Griffith speaks at Consensus: Singapore 2018