A.7389C: Establishes a moratorium on cryptocurrency mining operations that use proof-of-work authentication methods to validate blockchain transactions
May 6, 2021
Pending Analysis
Establishes a moratorium on the operation of cryptocurrency mining centers; provides that operation of a cryptocurrency mining center shall only be authorized following completion of a full generic environmental impact statement review and a finding that such center will not adversely affect the state greenhouse gas emission targets in the climate leadership and community protection act of 2019; provides for the repeal of such provisions upon expiration thereof.
Current Status
This bill is currently in the legislative process and has not yet been passed into law.
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