40+ Crypto Mining Companies Lobby U.S. Lawmakers to Clear Up Environmental Misconceptions
Executives and lobbyists representing more than 40 cryptocurrency mining companies visited dozens of offices in the US House of Representatives, mainly members of the Energy and Commerce Committee. The aim was to lobby US lawmakers to eliminate environmental "misconceptions", steer policy narratives away from negative environmental claims, and see mining as beneficial to the economy and security. Perianne Boring, CEO of the Chamber of Digital Commerce, said: "The core message we conveyed to congressional offices today is that bitcoin mining is helping to achieve and advance US energy security and national security." Amanda Fabiano, former head of mining at Galaxy Digital, pointed out that the arguments that resonated with lawmakers included job creation from mining and progress in US innovation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Court prolongs Tornado Cash developer Pertsev’s pre-trial detention
Major Cryptocurrency Platform to Airdrop Tokens Gets French Crackdown – What Happens Now?
This is the first regulatory sanction for the platform, which has become especially popular after the US Presidential Elections.
Date Revealed for New Cryptocurrency Laws Reform in the UK
The UK is set to introduce some radical changes to crypto and stablecoin regulation in the new year.
Donald Trump’s Pick for US Treasury Secretary is Announced – Here Are His Cryptocurrency Views
US President-elect Donald Trump's choice for Treasury Secretary has finally been announced.