Big bank CEOs don't plan to finance crypto mining

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

Some of the largest banks in the United States do not have plans to finance crypto mining, CEOs said during a congressional hearing on Wednesday. Chief

Major bank CEOs do not have plans to finance crypto mining, they said during a congressional hearing on Wednesday.

Some of the largest banks in the United States do not have plans to finance crypto mining, CEOs said during a congressional hearing on Wednesday. “Are you going to finance crypto mining, which creates electricity that is then wasted in something that doesn't keep anybody's lights on, doesn't cook anybody's food,” Sherman, an outspoken critic of digital assets, asked. Cryptocurrency mining has faced sharp criticism from environmental advocates who say the technology uses too much energy.

 

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

Good. More $BTC for Bitfarms_io

Is there anything like it?

Is there anything like it?

The funny part is that the banks money is not their own... It's like holding someone else's car keys & say you own a ferrari

OMG !!!

Amazing!

everyboody coovering this trick froom us

Amaazing ! 🔥 I wish I found this before

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:

 /  🏆 464. in US

United States United States Latest News, United States United States Headlines