Crypto Faces More Bad News, Government Crackdown

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By Rob Lenihan A cryptocurrency analyst says watch out for a domino effect as New York’s governor signs a crypto-mining-moratorium bill into law. The term “domino effect” has been around for quite a while. The expression, which describes how one event causes a series of related events, has been used by presidents, scientists and people who just like to knock those little suckers down. Now the term is being used by at least one cryptocurrency analyst regarding increased government regulation. In what has been described as a first in the nation, New York Gov, Kathy Hochul on Nov. 22 signed a bil...

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