• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

New York Mining Ban Bill Has Been ‘Defeat’ Before State Legislature

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

The New York state legislative session on the bill to ban cryptocurrency mining for three years ended on June 11 amid the community’s astonishment at the initial results of the bill’s passage.

Related articles

The FBI arrests three people for defrauding New York banks of $10 million

The FBI arrests 3 people today for defrauding New York banking institutions of $ten million

November 17, 2023
Tether plans to invest $500 million to build a Bitcoin mining camp

Tether ideas to invest $500 million to make a Bitcoin mining camp

November 17, 2023

The New York Senate this week passed a bill to temporarily stop licensing Bitcoin mining facilities using carbon fuel. Existing Bitcoin miners in the state will be frozen at existing electricity consumption. But the New York Congress failed to vote on the version of the bill, meaning the process must start over in the next two-year legislative session.

See more: New York proposes a bill to ban cryptocurrency mining for 3 years due to environmental pollution concerns

New York’s Senate Bill 6486 failed to pass Congress after lawmakers in the Democratic-controlled state senate passed the legislation earlier this week. The bill aims to establish a ban on operating cryptocurrency mining centers, while experts consider the environmental impact of mining, especially those powered by fossil fuels.

See more: New York Bitcoin Mining Ban Proposed Amendment, Paving the Way for Green Projects

First brought before the state legislature by Democratic senator Kevin Parker on May 3, bill 6486 was moved almost immediately to the Environmental Conservation Commission.

Lawmakers in the New York state senate passed legislation banning mining by a vote of 36-27 on June 8. However, the state congress needs to pass any bills or proposals. amendment before it can be signed into law by Governor Andrew Cuomo.

Synthetic

Maybe you are interested:

Join the chat group Coinlive Chats Now let’s discuss hot issues of DeFi market with Coinlive admins!!!

[ad_2]

Tags: BanBillDefeatLegislatureMiningstateYork
Share76Tweet47

Related Posts

Melania-Linked Wallets Reported to Sell Amid Price Drop

by shark
June 27, 2025
0

Explore the impact of recent cryptocurrency sales linked to Melania Trump causing a 98.4% price crash. Understand the role of...

Bitcoin Faces Volatile Market as Net Taker Volume Surges

by shark
June 27, 2025
0

Bitcoin nears a volatile market shift as the Net Taker Volume on Binance exceeds $100M.

OORT DataHub Launches DeAI App on Binance Wallet

by shark
June 27, 2025
0

OORT DataHub integrates its DeAI dApp on Binance Wallet, reaching 486 million users.

World Liberty Financial Prepares WLFI Transferability Amid Rising Demand

by shark
June 27, 2025
0

World Liberty Financial to make WLFI tokens transferable, spurring institutional interest and market activity.

Metaplanet Surpasses Tesla in Bitcoin Holdings

by shark
June 27, 2025
0

Metaplanet Inc., a Japan-listed firm, eclipses Tesla Inc. in Bitcoin holdings with a strategic acquisition, impacting market sentiment and stock...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Melania-Linked Wallets Reported to Sell Amid Price Drop
  • Bitcoin Faces Volatile Market as Net Taker Volume Surges
  • OORT DataHub Launches DeAI App on Binance Wallet
  • Qubetics Nears $0.40 Listing as Solana and Avalanche Shift During Ceasefire – Next Bull Run Crypto?
  • World Liberty Financial Prepares WLFI Transferability Amid Rising Demand
  • Metaplanet Surpasses Tesla in Bitcoin Holdings
  • Binance Delists Five Tokens, Ending Spot Trading Soon
  • Deribit and SignalPlus Launch $300K Trading Contest
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7