Sandali Handagama is CoinDesk's deputy managing editor for policy and regulations, EMEA. She does not own any crypto.
A lawmaker in Pennsylvania's House of Representatives scrapped a proposed two-year moratorium on crypto mining permits from his own energy conservation bill to give it a better chance of moving forward.
"The crypto mining industry is a massive energy user," Vitali said at the time."Globally, crypto mining consumes more energy than the countries of Argentina and Australia. This high level of energy usage places more stress on the environment and accelerates the climate crisis, in addition to raising costs for consumers."
But on Monday, he tabled the bill to the state House of Representatives' Environmental Resources and Energy Committee without the moratorium. Both the bill and the amendment were accepted by the committee – which he chairs – with the bill making it through by aon Monday that he'd learned the hard way that"there is not a high tolerance for strong environmental policy," and that he stripped the moratorium to give the bill a chance to make it to the House.U.S.
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