It is the first time that the crypto industry has flexed its growing lobbying might at the US state level.
On May 2, representatives of the national crypto lobby and leaders of New York’s state legislature appeared at New York’s state capitol building in Albany to decry a moratorium on cryptocurrency mining that has passed the Assembly, the legislature’s lower chamber. In the state Senate, the bill is currently awaiting consideration before the Environmental Conservation Committee.
The public event was a show of force that saw participation from Democratic Assembly Member Clyde Vanel and Senator Jeremy Cooney, featuring coordination from the Blockchain Association, a DC-based trade association with a long history of federal lobbying.
In sum, it is a political fight that has taken on major significance for the crypto industry and its future approach to state governments.
“If we are able to win in New York that will seriously make other states think twice before engaging,”
We współpracy z: https://www.theblockcrypto.com/post/145169/the-crypto-industry-mobilizes-in-new-york-over-mining-moratorium?utm_source=rss&utm_medium=rss
