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Changes to the EU’s MiCA proposal to regulate crypto markets, suggested shortly before a vote on the package, indicate a bitcoin ban is still a possibility. Despite recently removing wording that would have prohibited coins with energy-intensive mining, some members of the European Parliament are now targeting “unsustainable” cryptocurrencies. New MiCA Paragraphs Call for Subjecting … Read more
“We can’t let someone who is bigoted about a marginalized community stay the figurehead of a large web3 organization,” said ENS user healingvisions.eth. Go to Source Powered by WPeMatico
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 Ban on Proof-of-Work Coins Wording that could have banned cryptocurrencies with proof-of-work (PoW) mining, … Read more
The research report blamed the increase of Bitcoin’s carbon footprint on the China mining ban and claimed Chinese miners were more renewable energy focused. Go to Source Powered by WPeMatico
Afghans have shown great interest in cryptocurrencies and some are using them to avoid U.S. sanctions and get paid from other countries. Go to Source Powered by WPeMatico
Russian Ministry of Finance has prepared and submitted a new bill to expand crypto regulations to the government. The law “On Digital Currency” aims to introduce rules for investment in cryptocurrencies while at the same time cementing a ban on their use in payments. Draft Law ‘On Digital Currency’ to Regulate Crypto Turnover in Russia … Read more
Russian authorities are yet to reach full consensus on the future of cryptocurrencies but government institutions are on the same side of the fence in their intention to ban bitcoin payments. Other operations with digital assets are to be legalized and regulated, representatives of Russian business have revealed. Russian Central Bank, Finance Ministry Agree to … Read more
Governor György Matolcsy reciprocated the need for a crypto ban, currently imposed by China and proposed by Russia’s central bank. Go to Source Powered by WPeMatico
The country’s finance minister admitted to not having enough information to make a fateful call. Go to Source Powered by WPeMatico
Twitter deleted the tweets in question and suspended Brantly Millegan’s account, preventing him from responding to critics and supporters on the social media platform. Go to Source Powered by WPeMatico
