This move comes amidst concerns regarding the potential strain on the nation's electricity grids and the acceleration of climate change attributed to the cryptocurrency industry.
Montana Governor Greg Gianforte has signed into law a bill that prohibits local governments in the state from passing laws that would prevent cryptocurrency mining. The legislation also makes revisions to existing laws that prohibit discriminatory electrical rates for mining firms and prohibit taxation for crypto used as a method of payment. The move is …<p class="read-more"> <a class="" href="https://www.cryptopolitan.com/montana-passes-cryptocurrency-mining-bill/"> <span class="screen-reader-text">Montana Governor Passes Pro-Cryptocurrency Mining Bill into Law</span> Read More »</a></p>