Lawmakers hit with backlash after passing controversial crypto bill: 'A corporate giveaway, plain and simple'

Lawmakers hit with backlash after passing controversial crypto bill: 'A corporate giveaway, plain and simple'

Utah has passed legislation giving cryptocurrency mining operations unprecedented freedoms in a move that may harm the environment and raise utility costs for residents. The controversial HB230 bill establishes special rights for crypto companies with minimal local oversight, as John Weisheit, conservation director of Living Rivers-Colorado Riverkeeper, and Steve Erickson, board member at Great Basin Water Network, detailed for the Deseret News.…