S 661
Crypto-Asset Environmental Transparency Act of 2023
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- Passed House
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Bill overview
The Crypto-Asset Environmental Transparency Act of 2023 aims to increase oversight and accountability for the environmental impact of cryptocurrency mining. It requires the EPA to establish reporting requirements for large-scale crypto-asset mining operations, assess their compliance with the Clean Air Act, and conduct a comprehensive study on the environmental and energy impacts of this activity. The bill also expands the definition of ‘data center’ to include facilities involved in crypto-asset mining and promotes energy efficiency measures.
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