Assembly Bill 9138 mirrors earlier Senate legislation imposing tiered excise taxes on energy-intensive crypto mining operations.
New York lawmakers launched a legislative strike against crypto mining Friday, introducing companion legislation to a Senate bill that would force proof-of-work miners to pay high taxes based on their electricity consumption.
On Friday, Assembly Bill… [2664 chars]
Source: Decrypt | Published: 2025-10-20T10:14:48Z
Credit: Decrypt
