Cryptocurrency
Hemp and crypto bills fall as legislators sustain Noem vetoes
PIERRE — Lawmakers debated the future of money and the amount of an intoxicating compound that should be allowed in industrial hemp, but they failed to override any of Gov. Kristi Noem’s vetoes Monday at the Capitol. None of the four bills up for override votes received the necessary two-thirds majority. Legislators also failed to […]
U.S. Senate panel probes how crypto mining increases energy consumption
WASHINGTON — The so-called mining for digital assets, or cryptocurrency, consumes as much electricity as some entire nations, and U.S. senators explored the issue Tuesday in what they said was their first-ever hearing focused on the energy implications of digital currency. Crypto mining in both Nebraska and Pennsylvania was discussed in particular by the members […]
FTX failure divides lawmakers on how tough to get with crypto regulation
Members of a U.S. House committee disagreed at a Tuesday hearing about whether more aggressive federal regulation would have protected customers from the collapse of cryptocurrency firm FTX and the alleged fraud of its founder, Samuel Bankman-Fried. Lawmakers at the four-hour House Financial Services Committee hearing appeared to view the unfolding scandal around Bankman-Fried, arrested […]