NY Governor Kathy Hochul signs a bill imposing a two-year moratorium on new crypto-mining permits at fossil fuel plants, becoming the first US state to do so (New York Times)

Manish Singh / TechCrunch:
India says it will set up a Grievance Appellate Committee with the veto power to reverse the content moderation decisions of social media companies  —  India will set up grievance committees with the veto power to reverse content moderation decisions of social media firms, it said today …

Jamie Crawley / CoinDesk:
Study: in January 2022, 62.4% of bitcoin mining electricity came from fossil fuels, contradicting the Bitcoin Mining Council’s estimate that ~59% is sustainable  —  The CCAF uses publicly available data to run a theoretical model to estimate the environmental footprint of bitcoin mining.

Michael McSweeney / The Block:
A White House report proposes possible restrictions on proof-of-work mechanisms if US crypto mining companies fail to reduce the industry’s environmental impact  —  – The White House encouraged a broad policy push to reduce greenhouse gas emissions and urged the use of clean energy by U.S. crypto mining companies.

Alex Barinka / Bloomberg:
South Dakota Gov. Kristi Noem signs EO banning TikTok for state agencies, employees, and contractors using state devices over “security threat” posed by China  —  TikTok is now banned on government employee devices in South Dakota because the governor believes the social media app’s ownership …

Nikhilesh De / CoinDesk:
Governor Newsom vetoes a crypto regulation bill that required licenses to facilitate transactions; the bill was passed by the California Assembly last month  —  The California Assembly passed the bill, which would create a licensing regime and stablecoin stipulations, at the end of August.

CNN:
Gov. Newsom signs a law forbidding California-based businesses from providing users’ personal info in response to other states’ abortion-related search warrants  —  Washington CNN Business —  California is attempting to stymie abortion prosecutions in other states by making it illegal …