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ARTICLE · 30 MARCH 2022

US Government Requests Information On Energy And Climate Implications Of Digital Assets

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On March 25, 2022, the White House's Office of Science and Technology Policy ("OSTP") published a request for information on the energy and climate implications of digital assets (the "RFI")

United StatesTechnology
Matthew Bisanz
Matthew Bisanz
Andrew Olmem
Andrew Olmem
Joseph A. Castelluccio
Joseph A. Castelluccio
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On March 25, 2022, the White House's Office of Science and Technology Policy ("OSTP") published a request for information on the energy and climate implications of digital assets (the "RFI").1  The RFI is part of President Biden's recent executive order on digital assets and will form part of a report that OSTP will issue on the potential for digital assets to impede or advance efforts to tackle climate change and the transition to a clean and reliable electricity grid.

The OSTP report must be issued by September 2022, and the period to submit information in response to the RFI ends on May 9, 2022, which leaves little time for market participants to develop comment letters. Further, OSTP limits the length of comments to 10 pages, exclusive of supporting data, which puts a premium on incisive and concise comments. In this Legal Update, we summarize the content of the RFI and provide our initial thoughts.

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