New York


Finance

Bit Digital Production Slump Continued Into Q1, Strikes Deals With Coinmint, Riot to Increase Hashrate

The bitcoin miner has struggled to recover its hashrate since moving its operations out of China.

Blockfusion's mining facility in Niagara Falls, New York, that hosts Bit Digital's mining rigs. (Eliza Gkritsi/CoinDesk)

Policy

ADAM CEO Michelle Bond Announces Bid for US Congress

Bond, who describes herself as an “America First conservative,” is running as a Republican in New York’s 1st congressional district.

ADAM CEO Michelle Bond (Michelle Bond)

Policy

NYC Mayor Eric Adams Wants State's Governor to Veto 2-Year Moratorium on PoW Mining: Report

The city's pro-crypto mayor plans to ask Gov. Kathy Hochul to veto the bill to stop proof-of-work mining temporarily.

New York Governor Kathy Hochul (left) and Mayor Eric Adams (Spencer Platt/Getty Images)

Videos

NY Governor Has Not Signed Bill That Cracks Down on Bitcoin Mining Yet

Core Scientific founder Darin Feinstein discusses the future of Bitcoin mining after New York lawmakers pass a bill that would temporarily freeze new crypto mining projects at fossil fuel-burning plants.

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Policy

Regulador cripto de Nueva York publicó una guía formal para los emisores de stablecoins

NYDFS estableció requisitos estrictos de reserva y certificación para los emisores de criptomonedas estables, en un esfuerzo para proteger a los consumidores y las instituciones financieras

Nueva guía para la emisión de stablecoins en Nueva York. (Gary Hershorn/Getty Images)

Policy

New York’s Crypto Regulator Publishes Formal Stablecoin Guidance

NYDFS laid out strict reserve and attestation requirements for stablecoin issuers in an effort to better protect consumers and financial institutions.

Nueva guía para la emisión de stablecoins en Nueva York. (Gary Hershorn/Getty Images)

Finance

PayPal Converts Conditional Virtual Currency License to Full BitLicense

The payments giant announced it would let users withdraw their crypto holdings to their own wallets earlier today.

(Getty Images)

Policy

Environmentalists Target Greenidge as They Turn Up Pressure on NY Governor to Sign Mining Moratorium Bill

A moratorium on new PoW mining projects that use behind-the-meter fossil fuel energy is now on the NY governor's desk.

The Greenidge Generation facility in Dresden, New York. (CoinDesk archives)

Policy

New York State Senate Passes Bitcoin Mining Moratorium

The state Assembly had already passed the bill, which would bar new mining operations powered by carbon-based energy sources for two years.

Clark Vaccaro, acting president and chief strategy officer at BaSIC, a local trade organization, holding up a sign after a rally against the proposed bill last month. (Nikhilesh De/CoinDesk)