Watch: New York weighs bitcoin mining ban and Binance denies giving user data to Russia: CNBC Crypto World
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CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Perianne Boring of the Digital Chamber of Commerce discusses what a proof-of-work mining ban in New York State would mean for the crypto industry.
00:00 - CNBC Crypto World, April 25, 2022
0:18 - Cryptocurrencies drop
0:32 - The headlines
2:23 - Perianne Boring of Digital Chamber of Commerce
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New York weighs bitcoin mining ban and Binance denies giving user data to Russia: CNBC Crypto World
00:00 - CNBC Crypto World, April 25, 2022
0:18 - Cryptocurrencies drop
0:32 - The headlines
2:23 - Perianne Boring of Digital Chamber of Commerce
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
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Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
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New York weighs bitcoin mining ban and Binance denies giving user data to Russia: CNBC Crypto World
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Francisco Gimeno - BC Analyst New York weighing crypto mining ban because of environmental concerns is another one of the weird news about crypto mining around the world. In fact, crypto has the potential, being a solution of the 4th IR, to ameliorate the climate problem, and it is encouraging to see how much has changed the mining since 2017 (using Proof of Work), in fact its carbon footprint is very small compared to many other industrial or financial sectors. When you see people lobbying for mining ban at this time and age, try to find who is behind it and we will probably get traditional finance behind.