{"id":62882,"date":"2022-06-14T14:52:39","date_gmt":"2022-06-14T11:52:39","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=62882"},"modified":"2025-09-05T20:40:30","modified_gmt":"2025-09-05T17:40:30","slug":"new-york-mayor-opposes-crypto-mining-moratorium","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/new-york-mayor-opposes-crypto-mining-moratorium\/","title":{"rendered":"New York Mayor Opposes Crypto-Mining Moratorium"},"content":{"rendered":"<p>New York Mayor Eric Adams plans to ask Governor Kathy Hochul to veto a bill imposing a moratorium on cryptocurrency mining.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udea8 SCOOP \ud83d\udea8 <a href=\"https:\/\/twitter.com\/CrainsNewYork?ref_src=twsrc%5Etfw\">@CrainsNewYork<\/a> I sat down with <a href=\"https:\/\/twitter.com\/NYCMayor?ref_src=twsrc%5Etfw\">@NYCMayor<\/a> Eric Adams today and learned he\u2019s going to ask <a href=\"https:\/\/twitter.com\/GovKathyHochul?ref_src=twsrc%5Etfw\">@GovKathyHochul<\/a> to veto the <a href=\"https:\/\/twitter.com\/hashtag\/cryptocurrecy?src=hash&#038;ref_src=twsrc%5Etfw\">#cryptocurrecy<\/a> crypto mining bill that places a two year pause on new mining operations. Read it here: <a href=\"https:\/\/t.co\/X0zjbJWJ8J\">https:\/\/t.co\/X0zjbJWJ8J<\/a><\/p>\n<p>\u2014 Brian Pascus (@brianpascus) <a href=\"https:\/\/twitter.com\/brianpascus\/status\/1536472739913015297?ref_src=twsrc%5Etfw\">June 13, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Adams believes the moratorium would harm the state&#8217;s economy. He is convinced that authorities should not create obstacles for miners who could contribute to the region&#8217;s development.<\/p>\n<p>In April, the lower chamber of the New York State Legislature backed a <a href=\"https:\/\/u1f987.com\/en\/news\/new-york-assembly-approves-two-year-moratorium-on-crypto-mining\">two-year moratorium<\/a> on issuing new cryptocurrency mining permits using energy generated from fossil fuels.\u00a0<\/p>\n<p>In June, the state Senate <a href=\"https:\/\/u1f987.com\/en\/news\/new-york-state-senate-backs-two-year-mining-moratorium\">approved the proposal<\/a>. The document will take effect after it is signed by the governor.<\/p>\n<p>Industry representatives said that <a href=\"https:\/\/u1f987.com\/en\/news\/industry-participants-call-new-york-mining-moratorium-ineffective\">the moratorium would drive crypto-mining businesses out of the state<\/a> and would do little to advance the bill&#8217;s stated goals.<\/p>\n<p>Adams is a cryptocurrency supporter. During his campaign he stated <a href=\"https:\/\/u1f987.com\/en\/news\/new-york-mayoral-candidate-pledges-to-turn-city-into-a-bitcoin-industry-hub\">plans to make the city more crypto-friendly<\/a>.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York Mayor Eric Adams plans to ask Governor Kathy Hochul to veto a bill imposing a moratorium on cryptocurrency mining.<\/p>\n","protected":false},"author":1,"featured_media":62883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,748],"class_list":["post-62882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-new-york"],"aioseo_notices":[],"amp_enabled":true,"views":"28","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/62882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=62882"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/62882\/revisions"}],"predecessor-version":[{"id":62884,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/62882\/revisions\/62884"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/62883"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=62882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=62882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=62882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}