New York Bill Seeks Energy Excise Tax on Crypto Mining Activity
TLDR: Bill S.8518 taxes energy for proof-of-work crypto mining, with rates rising above 2.25M kWh in New York. Taxes scale from 2¢...
NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York
New York State Senator Liz Krueger has introduced a bill targeting crypto mining operations that consume large amounts of electric...
New York Senator Proposes Crypto Tax on Energy Use by Miners
TLDR New York State Senator Liz Krueger has introduced a bill to impose a tax on crypto energy consumption by mining companies. Th...
Crypto Exchange Bullish Launches in 20 US States After Securing New York BitLice...
Bullish has officially entered the US market, launching operations in 20 states after securing a BitLicense license from New York...
Top Crypto Regulator Adrienne Harris Exits Key Financial Post After Four Years
Adrienne Harris will step down as NYDFS superintendent after four years, with Kaitlin Asrow set to take over on Oct. 18.The post...
NYDFS Chief Harris to Leave New York Regulator Next Month
Adrienne Harris, who took office in 2021, will leave the New York Department of Financial Services on Oct. 17.
Zohran Mamdani Has 83% Chance Of Winning NYC Mayoral Seat Following Eric Adams’...
Kalshi bettors have put Zohran Mamdani at 83% to win NYC mayor after Eric Adams has dropped out. Andrew Cuomo has polled at 16% an...
Pro-Crypto NYC Mayor Eric Adams Exits Reelection Bid Over Finance Woes
Pro-crypto NYC Mayor Eric Adams ended his reelection bid, citing loss of public funds and mounting speculation about his future.T...
New York Orders Banks to Embrace Blockchain Analytics in Crypto Crackdown
The New York State Department of Financial Services has required banks to integrate blockchain analytics into compliance programs...
Crypto Platform Bullish Wins New York BitLicense, Clearing Path for U.S. Expansi...
The digital asset platform is now regulated in the U.S., Germany, Hong Kong and Gibraltar.