{"id":36858,"date":"2023-01-27T09:30:52","date_gmt":"2023-01-27T09:30:52","guid":{"rendered":"https:\/\/lydian.io\/?p=36858"},"modified":"2023-01-27T09:30:52","modified_gmt":"2023-01-27T09:30:52","slug":"the-mayor-of-new-york-seeks-reconciliation-with-regulators-after-pow-mining-moratorium","status":"publish","type":"post","link":"https:\/\/lydian.io\/the-mayor-of-new-york-seeks-reconciliation-with-regulators-after-pow-mining-moratorium\/","title":{"rendered":"The Mayor of New York seeks reconciliation with regulators after PoW mining moratorium","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
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New York Metropolis Mayor Eric Adams remains to be targeted on making New York a crypto hub, however he believes that objective may be mixed with nationwide efforts to curb the environmental prices related to crypto mining, in accordance with experiences from November twenty fifth. <\/p>\n
The feedback observe the brand new regulation signed<\/a> by New York Gov. Kathy Hochul, who banned proof-of-work (PoW) mining actions within the state for 2 years. The mayor, recognized for being a crypto advocate, stated in June he would ask the governor to veto the invoice. <\/p>\n