0x0 3 New White House Crypto Plans Could Boost Bitcoin and Ethereum Prices

New White House Crypto Plans Could Boost Bitcoin and Ethereum Prices

– The Biden administration is working on a set of policy recommendations that would target bitcoin and crypto’s sky-high energy consumption and carbon footprint.

– The study is due to be released in August, and will reportedly “drill down” into both the positive and negative aspects of bitcoin and crypto.

– Costa Samaras, principal assistant director for energy for the White House Office of Science and Technology Policy, said that “its important, if this is going to be part of our financial system in any meaningful way, that its developed responsibly and minimizes total emissions.”

– Samaras also said that “when we think about digital assets, it has to be a climate and energy conversation.”

 

 

New White House Crypto Plans Could Boost Bitcoin and Ethereum Prices
New White House Crypto Plans Could Boost Bitcoin and Ethereum Prices 3

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