
The cryptocurrency industry has secured a significant legal victory against the U.S. government, particularly targeting actions by the Securities and Exchange Commission (SEC), the Environmental Protection Agency (EPA), and the Energy Information Administration (EIA). The courts have ruled in favor of the crypto community, emphasizing the industry's resilience against bureaucratic overreach. This triumph is notably marked by the Department of Energy's decision to withdraw a controversial survey on crypto mining energy usage, which had been perceived as an overstep of governmental authority. The settlement includes the destruction of all data collected through the survey and mandates that any future attempts to gather such data must be preceded by a public notice and an opportunity for comment. The legal challenge was bolstered by a united front from the cryptocurrency sector, including significant entities like BlackRock, Fidelity, Riot Platforms, and the Texas Blockchain Council. This victory is celebrated as a protective measure for the Bitcoin ecosystem and a reinforcement of the rule of law, with Bitcoin ETFs playing a pivotal role.





Mandatory survey of Bitcoin miners’ power consumption halted by US Energy Department https://t.co/7sNuEtDwtO
📣 Latest News: US energy officials agree to 'destroy' all data from crypto mining survey #news #cryptonews #crypto #mining
The EIA settled its lawsuit with the Texas Blockchain Council and Riot Platforms, agreeing not to use any data from the emergency survey on crypto miners, or any future information from it. https://t.co/AYq4Etbs2W