O’Melveny Worldwide

The Hill: Why Texas is the Canary in the Crypto Mine

July 24, 2023

O’Melveny partners Monica Hwang, Sid Mody, Will Pao, and associate Christian Rice co-authored this article discussing crypto mining in Texas and various crypto-related bills that have been enacted in the state. “Everything is bigger in Texas, including crypto. Because of that fact, Texas has focused on developing an environment that will attract crypto companies to the state and attempt to protect consumers from volatility in the electricity and crypto industries,” the authors wrote. “Other states would be wise to keep an eye on what policies work — and don’t work — in the Lone Star State.”

Read the full article here.