European Crypto Regulatory Framework In Consideration Without PoW Ban

The European Union (EU) Proposes Markets in Crypto Assets (MiCA) Regulations to the Next Stage of Debate It is without controversy that it attempts to limit the use of crypto such as bitcoin (BTC) based on its use. proof-of-work

in the past few days EU lawmakers are negotiating legislation for digital assets. Currently, there are no provisions that want to limit their use. cryptocurrencies based on use proof-of-work in the EU anymore Before entering the trilogy negotiations between the Parliament, the Council and the Commission.

Earlier this week, Stefan Berger, the Member of Parliament overseeing the MiCA framework, expressed concern that Other EU leaders agree to limit its use. cryptocurrencies based on use proof-of-work Will try one last time to bring this law to a vote in parliament.

EU officials are debating issues including the inclusion of NFT tokens and decentralized finance (DeFi) in MiCA packages, as well as whether EU authorities should be empowered to oversee the crypto space.

Berger said the trilogy talks between the parliament, the council and the commissioners of the MiCA regulations will begin next week.

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