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NY bill proposes moratorium on crypto mines and mandates environmental impact assessments

From theblockcrypto.com

A new bill on the floor of the New York State Senate aims to prohibit crypto mining centers from operating until the state can assess their environmental impact. New York Senate Bill 6486 has been referred to the State Senate's Environmental Conservation Committee after its introduction by Senator Kevin Parker on Monday. The bill would institute a three-year moratorium on a crypto firm's mining operation. The state would then conduct a full environmental impact statement on the impact of the center's greenhouse gas emissions from mining, as well as its effects on water quality, air quality and wildlife. The report ... (full story)

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