- The European parliament’s economic and monetary affairs committee voted on Monday to keep the provision out of a draft of the proposed Markets in Crypto Assets framework, the EU’s comprehensive regulatory package for governing digital assets, people familiar with the result said.
- Some EU leaders are concerned that renewable energy may be channelled into sustaining cryptocurrencies like bitcoin instead of national use.
- For popular proof-of-work cryptocurrencies like bitcoin and ether, which are already traded in the EU, the rule proposed a phase-out plan to shift their consensus mechanism from proof-of-work to other methods that use less energy, like proof-of-stake.
[Via]
Source :- https://nextbigwhat.com Author :- NextBigWhat Date :-March 15, 2022 at 09:38AM
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