Crypto Advocates Call for Clarity Amid Climate Summit (1)

Digital-asset companies are pushing back against claims of excessive energy usage in the cryptocurrency sector as world leaders flock to Glasgow this week for key climate change talks.

Global Digital Finance, whose members include industry juggernauts BitMEX, Coinbase Global Inc. and Crypto.com called for greater data transparency around issues of sustainability. The group published a report on Monday in an effort to set industrywide environmental goals amid greater scrutiny of Bitcoin’s contribution to global warming. The report contemplates how best to measure environmental impact of digital assets, digs into their social utility and warns policy makers against making a ...