A160 (Study of Environmental Impact of and Guidance for Investing in Cryptocurrencies )
House of Bishops Message #124
The House of Bishops informs the House of Deputies that on Jul 9, 2022 it considered resolution A160 (Study of Environmental Impact of and Guidance for Investing in Cryptocurrencies ). The house acted to:
Resolved, the House of Deputies concurring,
That the 80th General Convention recognizes that there is a significant environmental impact caused by the creation, maintenance, and transfer of cryptocurrencies; and be it further
Resolved, that the 80th General Convention calls upon the Investment Committee of the Executive Council to study this impact and provide guidance through a report either to Executive Council or the 81st General Convention whether institutional investors of the Church should invest in, divest from, or refrain from investing in cryptocurrencies.