By Katryna Perera (September 8, 2022, 5:39 PM EDT) — The White House on Thursday called on the federal government to conduct further research on the energy impact of crypto mining and to set new environmental standards for the growing digital asset industry.
In a new report, the White House Office of Science and Technology Policy explored the potential challenges and opportunities associated with the growing number of digital assets and said the U.S. government has a responsibility to protect communities from any associated climate change impact.
The Office of Science and Technology Policy specifically pointed to the large amount of electricity needed to create, transact and own digital assets, which in…
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