Key takeaways
MEPs voted against the Markets in Crypto Assets [MiCA] law, which allows for the mining of Bitcoin and Ether. A majority of MEPs from the “EPP, ECR, Renew & ID voted against it, while a minority from Greens, S&D, and GUE voted mostly in favor”.
Parliamentarians in the European Union have voted against the Markets in Crypto Assets [MiCA] law, which allows for the mining of Bitcoin and Ethereum.
1/8 There is a new compromise draft for the handling of proof-of-work in the #cryptocurrency regulation of the European Parliament. The #Bitcoin (POW) ban was dropped. #BTC Instead #crypto could be added to the EU taxonomy for sustainable activities. A quick update thread