TeraWulf shares fell by 7% following a decision by New York's governor. Governor Kathy Hochul signed an executive order imposing a one-year pause on new permits for large-scale data centers. What happened On Tuesday, Governor Hochul signed an order temporarily halting the issuance of state environmental permits. This pause will last up to one year and aims to create a regulatory framework known as the "Generic Environmental Impact Statement." Implications for TeraWulf The decision has immediate implications for TeraWulf, which operates in the crypto-mining sector. The temporary halt on new permits could hinder the company's growth, as it relies on expanding its infrastructure to meet increasing demand. TeraWulf's shares dropped by 7% following the news Governor Hochul signed the order to evaluate environmental impact The permit pause may last for up to a year These developments highlight the need for a balanced approach to environmental issues in the rapidly growing crypto industry. For more information, read the full article at the source. This article is not financial advice. Always do your own research before making decisions about your money. Read the full article