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The White House supports encryption rules that favor mining-based consensus mechanisms


The White House joined Controversy over U.S. cryptocurrency regulations On Thursday expressed support for an amendment to the Infrastructure Investment and Employment Act (IIJA), which supports a consensus mechanism based on mining rather than an alternative solution.

NBC Finance Channel Report On Thursday, the White House Deputy Press Secretary Andrew Bates issued a report on the amendment proposed by US Senators Rob Portman (R-OH), Mark Warner (D-VA) and Kyrsten Sinema (R-WY). An unexpected statement to clarify cryptocurrencies-the relevant terms they wrote in the current version of IIJA.


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