Inside Climate News

2 readers

0 users here now

Pulitzer Prize-winning, nonpartisan reporting on the biggest crisis facing our planet.

founded 1 month ago

MODERATORS

admin@ibbit.at

rss@ibbit.at

paywall@ibbit.at

Bipartisan Cryptocurrency Legislation Will Fuel Further Environmental Destruction, Environmental Advocates Say (insideclimatenews.org)

submitted 1 month ago by rss@ibbit.at to c/insideclimatenews@ibbit.at

0 comments fedilink hide all child comments

The GENIUS Act seeks to regulate stablecoin but will do nothing to curb energy-intensive cryptocurrency mining. Another option for minting crypto coins uses far less energy.

By Phil McKenna

Legislation currently making its way through Congress that proponents say will place much-needed guardrails on cryptocurrency will only exacerbate the industry’s insatiable energy demands and climate pollution, environmentalists say.

From Inside Climate News via this RSS feed

no comments (yet)

sorted by: hot top controversial new old

there doesn't seem to be anything here