Tag Archives: New York

Kraken CEO Refuses to Comply with New York’s Crypto Exchange Probe

Kraken CEO Jesse Powell had strong words for New York regulators who sought to compel the San Francisco-based exchange to participate in its new Virtual Market Integrity Initiative, which demands that trading platforms be more transparent. Continue reading Kraken CEO Refuses to Comply with New York’s Crypto Exchange Probe

New York Cryptocurrency Miners Will Pay a Premium for Electricity

Mining cryptocurrencies like bitcoin in the state of New York will become more expensive as power providers are now cleared to charge higher electricity rates for crypto mining firms. In a ruling [PDF] on Thursday, the New York State Public Service Commission – the state’s public utility regulator – has allowed upstate municipal power authorities to charge higher power tariffs for companies in the crypto-mining business with high-density loads, from March. Continue reading New York Cryptocurrency Miners Will Pay a Premium for Electricity