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Bill banning carbon-based crypto mining passes in NY Senate

Bill tabled by NY Senator Kevin S. Parker banning crypto mining in NY for 3 year has passed the NY senate and will be tabled in Assembly now. ....

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New York Senate Approves Three-Year Bitcoin Mining Ban

Bitcoin (CRYPTO: BTC) and other cryptocurrencies.
What Happened: The New York Senate Bill 6486 was proposed by a Democrat senator and Chairman of Committee on Energy and Telecommunications, Kevin S. Parker, in early May.
On Tuesday, the bill was passed in Senate moving forward to becoming a new rule that the state s citizens will have to abide by.
In its original form, the bill would have forced all the local cryptocurrency mining operations to stop for three years to allow local authorities to do an environmental impact assessment.
It was later amended to prevent new operations from receiving permits to operate in an electric generating facility that utilizes a carbon-based fuel and limit the electrical consumption of existing mining operations at their current levels forbidding their expansion. Furthermore, the bill also mandates the creation of a generic environmental impact statement on Proof-of-Work (PoW) mining. ....

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Police's Use of Force Would Face New Limits Under New York Proposal

How a Sweeping New Proposal Would Limit Police Use of Force in N.Y.
The state’s attorney general seeks to create a “last resort” rule for officers’ use of physical force, and to impose new criminal penalties for those who break it.
Letitia James, New York’s attorney general, said the proposal was “an important step in addressing the shortfalls of our criminal justice system.”Credit.Libby March for The New York Times
May 21, 2021
Police officers in New York could only use physical force as a last resort, would have to meet a higher threshold for using deadly force and would face new criminal penalties for violating those guidelines under a sweeping legislative proposal unveiled on Friday. ....

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Crypto Mining Might Be In Danger In The State Of New York With This New Bill

Bitcoin (CRYPTO: BTC) and other crypto assets to move or stop their activities for three years.
What Happened: The New York Senate Bill 6486 was proposed by a Democrat senator and Chairman of Committee on Energy and Telecommunications, Kevin S. Parker.
It was co-sponsored by the Chair of Committee on Aging, Chair of Legislative Commission on Rural Resources and Democrat senator Rachel May.
The bill is aimed to enforce a moratorium on crypto asset mining activities in response to the environmental concerns caused by the activity allegedly consuming large quantities of fossil fuel-generated electricity.
What It Means: The bill would also impose new rules for crypto mining operations after they would be allowed again, including the requirement to undergo an environmental impact review preventing facilities not complying with local climate change targets from operating. ....

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New York bill proposes to ban crypto mining for 3 years over carbon concerns

New York bill proposes to ban crypto mining for 3 years over carbon concerns
A bill seeking to “pause” crypto mining for three years in New York was referred to the state s Environmental Conservation committee on May 3.
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Crypto miners in New York may be subject to a forced three-year hiatus if the latest environmentally-focused bill passes in the state senate.
The New York Senate Bill 6486 was proposed by Democrat senator Kevin S. Parker, the Chairman of Committee on Energy and Telecommunications, and co-sponsored by fellow Democrat senator Rachel May, the Chair of Committee on Aging, Chair of Legislative Commission on Rural Resources. ....

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