U.S. crypto mining industry is the latest focus for increased regulatory scrutiny

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U.S. crypto mining industry is the latest focus for increased regulatory scrutiny Bitcoinmining crypto cryptocurrency

- Bitcoin miners have become the latest focal point in the ongoing surge in activity related to the regulation of the cryptocurrency ecosystem in the U.S., as several states have recently proposed legislation to guard the nascent industry against government interference.

The legislation will also grant crypto miners the same rights as data centers, stating, “A local government shall not impose a different requirement for a digital asset mining business than is applicable to any requirement for a data center.” The State of Mississippi is also working on similar legislation. On February 8, the Mississippi State Senate passed the Mississippi Digital Asset Mining Act, which legalized home digital asset mining and the operation of mining businesses in areas zoned for industrial use.

On April 4, the committee voted 10-0 to move forward with Senate Bill 1751, which would amend sections of Texas’ utilities and tax code to add restrictions for crypto mining facilities. Texas has been one of the most open states when it comes to blockchain technology and cryptocurrency mining, but the recent struggles of its electricity grid to deal with intense changes in weather have led lawmakers to emphasize the importance of ensuring reliable energy transmission to retail consumers during emergencies.

 

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gold man sachs is behind btc .

Who cares what USA does, they are irrelevant.

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