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NY Sen. Gillibrand Plans Crypto Legislation, State Considering POW Mining Ban

U.S. Sen. Kirsten Gillibrand, of New York, is planning to introduce her own cryptocurrency regulation bill in the near future. So reports WSKG.

us capitol 477987 640The plan comes in the wake of a push in New York to address energy concerns with respect to crypto mining. The state’s legislature is separately considering a three-year mining moratorium for “proof-of-work” coins and that bill has already passed the Assembly Environmental Conservation Committee.

Read the full article from WSKG.

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