Democrats are advancing the "2025 Clean Cloud Act," aimed at regulating cryptocurrency mining emissions. This legislation imposes penalties on facilities using non-renewable energy by 2035, addressing concerns over carbon emissions.
Senators Sheldon Whitehouse and John Fetterman are spearheading this initiative, which could lead to increased operational costs for crypto firms and a shift toward sustainable energy.
Industry reactions highlight potential challenges, with critics arguing that the bill oversimplifies the energy crisis and may hinder investment in the sector.
Full story here: https://coincu.com/331873-us-senators-clean-cloud-act-2025
