Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation
March 3, 2022 ban, Bitcoin, concept, Crypto, crypto assets, Cryptocurrencies, Cryptocurrency, EC, EP, EU, european commission, European Parliament, European Union, framework, Legislation, MEPs, MiCA, PoW, prohibition, Proof of Work, proposal, Regulation, Stefan Berger 0 Comments

A text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at regulating the European crypto space. The move comes after the controversial provision sparked objections from the crypto community. MiCA Proposal Drops......