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InsideHook
By Tanner Garrity In a lengthy executive order signed earlier this week, President Biden directed his administration to study the environmental costs of digital assets, with specific attention to the climate impact of leading cryptocurrency networks like Bitcoin and Ethereum. Within the next 180 days, the order reads, President Biden expects a cross-cabinet team that includes the Secretary of the Treasury, the Secretary of Energy and the Administrator of the Environmental Protection Agency to deliver a report on “the potential for these technologies to impede or advance efforts to tackle clima…
