New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective – Mining Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

New York Mayor Eric Adams takes supportive stance on crypto mining moratorium signed by Governor Hochul.

for bankruptcy protection earlier in November, amid serious liquidity problems. He insisted that “we must embrace” the crypto and blockchain industry despite its low points.passed

the state assembly and senate. “I shared my thoughts… That’s the way our government works,” Adams told the Daily News on Friday, vowing to work with the legislators who are in support as well as those who have concerns about crypto. “I believe we are going to come to a great meeting place,” he added.

A Bloomberg report unveiled that the New York governor has been postponing the signing of the law due to lobbying from the sector. In a legal filing, Kathy Hochul pledged to “ensure that New York continues to be the center of financial innovation, while also taking important steps to prioritize the protection of the environment.”

Although Hochul argued that the new law could spur crypto development and the use of green power like hydroelectric energy, New York has been seen as a tough jurisdiction for starting a business working with crypto assets even before the enactment of the mining law. Adams has tried to change that image, insisting that crypto is part of a broader financial frontier for the state to conquer, the report notes. “Now, there’s aspects of this bill that people didn’t agree with. I know Albany. Let’s go back. Let’s look at them,” he was quoted as stating, adding that New York City should be a leader in this and other new technologies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I recently learned about THIS amazing project and immediately joined it. eridandwarfs

My friend lives in NYC and was telling me that many new yorkers have side hustles to get by and survive. This could be provide a way to create a new side hustle

They are optimistic about it!

Too much damage done already. NY is and will continue to miss out. Better places are readily available.

Do you guys know that you can buy crypto with a bank card on 1inch? For me, the priority is to make the most of my funds, not to buy Bitcoin. Convenient mobile application allows you to control everything

Do you support the moratorium?

Do you really think that anyone in NYCMayor’s administration knows anything about bitcoin or mining? Seriously…

Whyy aren’t anyonee bothereddd on talkinng about this?

Whyy is the mediaa silent on this

How comee noo one is talkinnng about this

Whyy is everybody silentt on thisss?

Why isnt anyone talkingg aboutt this?

How comee everyonee is silentt on thiss?

Using ChiefraFba signals, I have a 92% win rate in the last two months!

Fantastic! I have recently started using ChiefraFba for signals, his accuracy is INSANE!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New York's mayor seeks balance with regulators after PoW mining moratoriumThe comments follow the new law signed by New York governor Kathy Hochul, banning proof-of-work (PoW) mining activities for two years in the state. This will be a welcoming development. I wish someone showed me this earlierr!!! No one will be making Bitcoin-related investments in NY. Period.
Source: Cointelegraph - 🏆 562. / 51 Read more »

New Law Expands Recourse for Survivors of Sexual Assault Behind Bars in New YorkAn analysis of DOJ data finds '60% of all sexual violence against inmates is perpetrated by jail or prison staff.' We’re gonna fix the island so people are treated like human beings It takes a twisted cookie to want to be a prison guard to begin with
Source: truthout - 🏆 69. / 68 Read more »

Tales from the table: A New York City Maitre D’ tells allThrough the years, Michael Cecchi-Azzolina has frequently rubbed elbows with the rich and famous as the front of house for some of the city’s hottest spots. Your Table is Ready good title kala chashma SundayVibes trafalgarsquare Anyone else tired of these sniveling hospitality workers complaining about doing their job?
Source: nypost - 🏆 91. / 67 Read more »

At Large Suspect Allegedly Tried to Rape Stranger on New York SubwayA man allegedly tried to rape a stranger on November 17 on the New York subway in Manhattan, police alerted the public Thursday. YE24 NickFuentes Golly, great work cops, i feel super safe. NYC=Calcutta sewer!
Source: BreitbartNews - 🏆 610. / 51 Read more »

Taking on racial inequality in New York City: Where to begin?Now that New York City voters have overwhelmingly endorsed making racial equity a priority of city government, where should a new Office of Racial Equity focus its attention first? racial entitlement How about the bigots at CCNY? 20% of the population is not overwhelmingly
Source: Gothamist - 🏆 456. / 53 Read more »

'The sixth borough': How Westchester became a Democratic firewall in New YorkNew York’s Westchester County has become a Democratic firewall in recent years, boosting candidates running for state office and Congress and making it one of the most influential blue suburbs in the country Dragging down the state one suburb at a time But see Mike Lawler. whiteliberalguilt
Source: politico - 🏆 381. / 59 Read more »