Bitcoin Critics Misconstrue the Crypto's ESG Impact, KPMG Argues – Bloomberg Law
By Pavithra Rajesh
Bitcoin satisfies key ESG considerations and can continue to do so despite the controversy over its use, according to a report by KPMG published Thursday.
Bitcoin is frequently depicted as being environmentally unsound and ripe for misuse through illicit transactions, but that’s not the whole story, KPMG says in the study. In fact, the cryptocurrency supports renewable energy infrastructure and provides secure transactions.
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