New York Signs Two Year Crypto Mining Moratorium
Last updated: June 8, 2025, 19:19
The bill triggers a two
New York has become the first state to restrict cryptocurrency mining after Gov. Kathy Hochul on Tuesday signed a two-year moratorium, calling the move necessary to
The legislation will impose a two-year moratorium on crypto-mining companies that are seeking new permits to retrofit some of the oldest and dirtiest fossil fuel
The bill triggers a two-year moratorium on new permits for crypto-mining companies that are powered by fossil fuels and use proof-of-work authentication methods, with
Overview
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New York Enacts 2-Year Ban on Some Crypto-Mining Operations
Governor Kathy Hochul signed a bill on Tuesday that triggers an immediate moratorium on energy-intensive “proof-of-work” crypto mining powered by fossil fuels. For two
New York Gov. Kathy Hochul on Nov. 22 signed a bill into law that places a two-year moratorium for certain types of cryptocurrency mining operations.
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New York Gov. Kathy Hochul signed a law on Tuesday banning certain bitcoin mining operations that run on carbon-based power sources. For the next two years
Overview
New York Becomes First State to Temporarily Ban Some Crypto
New York Signs Two-Year Crypto Mining Moratorium
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