European Parliament Will Vote On Crypto Legislation Next Week

In the legislation to be voted by the European Parliament, the statements that cryptos with a proof-of-work algorithm such as Bitcoin (BTC) will be banned have been removed.
 European Parliament Will Vote On Crypto Legislation Next Week
READING NOW European Parliament Will Vote On Crypto Legislation Next Week

In the legislation to be voted by the European Parliament, the statements that cryptos with a proof-of-work algorithm such as Bitcoin (BTC) will be banned have been removed.

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A vote of the European Parliament on Crypto Asset Markets (MiCA) legislation will take place on March 14, following the removal of the article, which means a “de facto” ban on Bitcoin, due to protests.

Haber is the deputy responsible for administering MiCA through parliament, Dr. Shared by Stefan Berger on Twitter.

Berger also stated that the article regarding the prohibition of proof-of-work has been removed.

“My suggestion is to include crypto assets in the limitation, like any other financial product.

The classification may provide some clarity, given the controversy surrounding the energy consumption of crypto-assets”

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