Saturday, May 21, 2022

European crypto regulatory framework goes to three-way consideration without PoW ban By Cointelegraph


The much-dreaded prospect of a ban on cryptocurrencies that use proof-of-work (PoW) consensus is making its way into a key European digital asset directive appears to have blown over.

March 24 marked the last day when the European Parliament could stop the current draft of the Markets in Crypto Assets (MiCA) from proceeding to further consideration.