Cointime

Download App
iOS & Android

40+ Crypto Mining Companies Lobby U.S. Lawmakers to Clear Up Environmental Misconceptions

Executives and lobbyists representing more than 40 cryptocurrency mining companies visited dozens of offices in the US House of Representatives, mainly members of the Energy and Commerce Committee. The aim was to lobby US lawmakers to eliminate environmental "misconceptions", steer policy narratives away from negative environmental claims, and see mining as beneficial to the economy and security. Perianne Boring, CEO of the Chamber of Digital Commerce, said: "The core message we conveyed to congressional offices today is that bitcoin mining is helping to achieve and advance US energy security and national security." Amanda Fabiano, former head of mining at Galaxy Digital, pointed out that the arguments that resonated with lawmakers included job creation from mining and progress in US innovation.

Comments

All Comments

Recommended for you