US Republicans Seek to Counter Efforts to Curb Crypto Mining


Environmental regulators should seek "a thorough analysis regarding the understanding of the potential environmental effects of mining digital assets," according to the letter, which was signed by Sen. Cynthia Lummis (R-Wyo.), one of the authors. of the new legislation. to regulate cryptocurrency, and Rep. Patrick McHenry (RN.C.), the ranking Republican in financial services, along with three other senators and nine congressmen. They insisted that the US government should do nothing to disrupt US leadership in the sector.