Bloomberg reported that New York State Governor Kathy Hochul on Tuesday signed one of the most stringent cryptocurrency mining regulatory laws in the United States, which requires a moratorium on the issuance of new licenses for crypto mining companies powered by fossil fuels and using proof-of-work methods. Two years. The bill was approved by the state Senate in June, but Hochul has not signed it until now, following intense lobbying by the crypto industry for the proposal.

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This article The governor of New York State in the United States signed the encrypted mining bill and suspended the issuance of PoW mining licenses within two years. It first appeared on Chain News ABMedia.