DeFi Intel

New York imposes one-year ban on large data centers, rattling crypto mining and AI infrastructure plans

The moratorium signals a growing trend of regulatory scrutiny on tech infrastructure, potentially reshaping energy policies nationwide.

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Governor Hochul's July 14 executive order freezes state approvals for data centers drawing 50 megawatts or more, the first statewide moratorium, echoing New York's 2022 two-year fossil-fuel proof-of-work mining ban.

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