According to crypto journalist Eleanor Terrett, "The hottest moment of the otherwise boring hearing: Democratic Senator Sheldon Whitehouse (@SenWhitehouse) attacked the [tax] panel's approach to climate change, saying that cryptocurrencies have made things worse, and warning that there will be a" reckoning "in the future.
"I just urge everyone who is listening, everyone who is making decisions, policies and plans for this industry, to think about what you are doing to ordinary electricity consumers around you... and think about why you are pushing us back down this already dangerous climate path, because that is exactly what you are doing," he said.
Senior Congressman Ron Wyden (@RonWyden) thanked Whitehouse and said he was willing to support and agree with these important remarks. Senator Marsha Blackburn (@MarshaBlackburn) told panelists that they "don't need to pay attention to what Senator Whitehouse just said to bore you with long words."
Democratic senators slam cryptocurrencies for exacerbating climate change, warning of a "reckoning"
2025-10-01 16:05:06
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