Rep. Cathy Rodgers (R-Wash.), who began the hearing with an off-topic speech about inflation, COVID-19 and President Joe Biden, asked about the potential of blockchain to protect citizens’ privacy, as well as the potential adverse impact of regulation on job and investment growth. Rep. Annie Kuster (D-N.H.) inquired about innovations that could stem from bitcoin mining and … [Read more...] about Witnesses Debate Crypto Mining’s Efficiency in Congressional Hearing on Environment
This episode is sponsored by Nexo, Abra and FTX US.Download this episodeThis week on the “Weekly Recap,” NLW breaks down the House hearing on energy in the crypto industry. He looks at problems with the advance memo and provides refutations of some of the misunderstandings.See also: Witnesses Debate Crypto Mining's Efficiency in Congressional Hearing on Environment“The … [Read more...] about What Happened at Congress’ Bitcoin Energy Hearing?
The Oversight and Investigations subcommittee of the House Energy and Commerce Committee is currently drawing up a list of witnesses. They will be questioned about the energy use of proof-of-work mining, the type of mining used for bitcoin, according to the report. Source link … [Read more...] about US Congress Organizing Oversight Hearing on Crypto Mining’s Environmental Footprint: Report
This episode is sponsored by Quantstamp, Nexo.io and KuCoin.On this week’s “Money Reimagined” podcast, Michael Casey and Sheila Warren discuss with CoinDesk’s managing editor of global policy and regulation, Nikhilesh De, his recent review of another cryptocurrency-themed hearing on Capitol Hill by the House Financial Services Committee.“Today’s hearing is part of this … [Read more...] about Another Cryptocurrency Hearing On Capitol Hill: This One Felt Different
This episode is sponsored by NYDIG.Download this episodeYesterday the House Financial Services Committee held a hearing on the future of digital assets. Shockingly to almost everyone, the tone was respectful, collegial and considered, and lawmakers seemed genuinely interested in working toward a greater understanding of the industry.In today’s episode, NLW covers why the … [Read more...] about Yesterday’s Hearing Was Crypto’s Most Positive Interaction with the US Government, Ever