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Rep. Will Greer introduces H.370 to examine cryptocurrency regulation and mining's energy impacts
Summary
Representative Will Greer presented H.370 to the Commerce & Economic Development Committee on April 2, 2025, seeking committee consideration of cryptocurrency regulation focused on consumer protection, money‑transmission coverage and the effect of mining on local energy rates; no committee vote was recorded.
Representative Will Greer (Bennington) introduced H.370 and discussed the bill’s goals with the Vermont House Committee on Commerce and Economic Development on April 2, 2025. Greer framed the bill as addressing consumer protection, local energy impacts from cryptocurrency mining, and gaps in state money‑transmission statutes.
Greer summarized national polling he said showed widespread skepticism about cryptocurrency: he told the committee ‘‘approximately 63% of U.S. adults express little to no confidence in the reliability and…
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