New York State News

The New York State moratorium on PoW mining reinvigorates the conversation around the crypto industry's sustainability.

The “anti-technology” bill could accelerate mining operators' switch to renewable energy, experts say.

“We have to continue to be competitive,” the mayor said in a keynote interview at a London crypto conference, where he suggested scrapping the states’ BitLicensing requirement.

The bill will now be carried with support to the State Senate for passing before a final sign-off into law by Governor Hochul.

If passed, the suspension of both new licenses and renewal applications will last for two years.

State Senator Kevin Thomas seeks to provide prosecutors with a clear legal framework against crypto crimes that align with the spirit of the blockchain while combatting fraud.

The judge ruled that the petition lacked merit as he didn’t find proof of the environmental harm.

The Pacific Northwest state’s governor has finally passed a bill into law to form a working group to explore the opportunities for industry and commerce to benefit from blockchain.

“To bring attention to the upcoming launch of his new cryptocurrency, German artist Niclas Castello erected this cube in Central Park, where 125 people are living, per the last census,” said GBH reporter Tori Bedford.

“We’re glad to welcome you to the global home of Web3!” said crypto-friendly Mayor-elect Eric Adams in response to CityCoins’ roll out of NYCCoin this week.

Nexo Financial confirms to be one of the two crypto lending firms to receive the cease and desist order from Attorney General James’ office.

Crypto mining’s environmental impact continues to raise concerns with regulators and businesses alike.

According to the mining firm, it aims to create high-tech jobs for residents and support local businesses with the solar farm.

The NY state assembly needs to approve any bill or propose amendments before it can be signed into law by Governor Andrew Cuomo.

Bakkt will also have a money transmitter license in the state of New York.