United States congressional group applied to the Environmental Protection Agency with a request to check the mining industry for environmental risks and compliance with relevant laws. The authors of the letter were particularly concerned about the Proof-of-Work consensus algorithm. According to the document, one bitcoin transaction can provide the average American household with energy for a...

Cryptocurrencies are a global phenomenon, so a coordinated effort is needed to regulate them. This was stated by a member of the ECB Board Fabio Panetta. Speaking at Columbia University, he noted that the potential collapse of the crypto industry poses a serious risk to financial stability. According to Panetta, the capitalization of digital currencies is about...