Category: Environment

IMF recommends eco-friendly CBDCs and non-PoW mechanisms for payments

IMF recommends eco-friendly CBDCs and non-PoW mechanisms for payments

In addition to eco-friendly components, the IMF recommended central banks to include other features in the CBDCs, such as compliance, higher resilience and offline capabilities. 40 Total views 12 Total shares An International Monetary Fund (IMF) study on energy consumption revealed the importance of design choices within the crypto ecosystem to build an environmentally friendly […]

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Environmental groups urge US government to take action on crypto miners

Environmental groups urge US government to take action on crypto miners

Among the proposals, the group of eight organizations requested the Environmental Protection Agency subject PoW mining firms to “stringent reviews” around operating permits. 1698 Total views 51 Total shares A group of eight organizations focused on the environment have called on different government agencies under the Biden administration to implement new approaches in response to […]

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Law Decoded: Competing narratives around crypto clash on the Earth Day, April 19-26

Law Decoded: Competing narratives around crypto clash on the Earth Day, April 19-26

The future of crypto adoption will largely depend on which of the competing narratives about digital assets and blockchain’s environmental effects prevails. 700 Total views 15 Total shares Regulation by enforcement, a fast and economical substitute for thorough rulemaking, is widely regarded as some of the U.S. executive agencies’ preeminent approach to crypto regulation. It […]

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Wikimedia community supports proposal to stop foundation from accepting crypto donations

Wikimedia community supports proposal to stop foundation from accepting crypto donations

The arguments in favor included environmental concerns surrounding Bitcoin transactions and “the risk to the movement’s reputation for accepting cryptocurrencies.” 1384 Total views 24 Total shares Requests for comments on a proposal urging the Wikimedia Foundation to stop accepting donations in cryptocurrency have closed, with the majority of users voting in favor. According to a […]

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Intergovernmental Panel on Climate Change calls cryptocurrency CO2 emissions a ‘growing concern’

Intergovernmental Panel on Climate Change calls cryptocurrency CO2 emissions a ‘growing concern’

The group said that all technologies — seemingly including crypto — had the potential to enable emissions reductions as well as increased emissions based on how they were governed. 1351 Total views 25 Total shares The United Nations arm aimed at assessing the science related to climate change, the Intergovernmental Panel on Climate Change, or […]

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