Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation
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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…
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European Parliament’s economic and monetary affairs committee has voted against banning proof-of-work-based assets for companies in the European Union. An alternative proposal on crypto assets by... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author: coinmaker
If passed, the bill would place a moratorium on proof-of-work crypto mining for at least two years One environmentally minded state lawmaker is concerned about fossil fuel plants moving into crypto... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…