Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation

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Proof-of-Work Ban Removed From Europe’s Proposed Crypto RegulationA 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 Ban on Proof-of-Work Coins Wording that could have banned cryptocurrencies with proof-of-work (PoW) mining, […]

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