White House prepares energy regulations for bitcoin

White House prepares energy regulations for bitcoin
Photo by Edoardo Cuoghi / Unsplash

White House spokesman Kosta Samaras assured that the regulations will not prohibit or unduly hinder the activities of mining companies. According to the official, its main goal is the reasonable integration of cryptocurrencies into the global financial market.

Bitcoin miners have previously been accused of excessive energy consumption, which caused bitcoin to plummet in the fall of 2021.