Some of the largest banks in the United States do not have plans to finance crypto mining, CEOs said during a congressional hearing on Wednesday. Chief
Major bank CEOs do not have plans to finance crypto mining, they said during a congressional hearing on Wednesday.
Some of the largest banks in the United States do not have plans to finance crypto mining, CEOs said during a congressional hearing on Wednesday. “Are you going to finance crypto mining, which creates electricity that is then wasted in something that doesn't keep anybody's lights on, doesn't cook anybody's food,” Sherman, an outspoken critic of digital assets, asked. Cryptocurrency mining has faced sharp criticism from environmental advocates who say the technology uses too much energy.
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