Proof-of-Work (PoW) crypto mining ban looms large on Europe

Proof-of-Work (PoW) mining of cryptocurrencies might face a ban according to EU securities regulator  Climate change goals will be seriously affected with the crypto’s risks  Decentralized nature of B...

Russia’s central bank calls for blanket crypto ban

advertisement The Bank of Russia has advocated for a complete crypto ban as part of a report issued by the country’s central bank on Thursday. The report titled “Cryptocurrencies: trends, risks, measu...

Regulator Reiterates Call for EU Ban on Proof-of-Work Mining – Mining Bitcoin News

The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed ...

ESMA vice-chairman calls for ban on proof-of-work crypto mining

In an interview with Financial Times Vice-chairman of European Securities and Markets Authorities (ESMA) Erik Thedèen urged EU regulators to restrict the usage of the proof-of-work model while mining ...

Proof-of-Work Ban Proposed by EU Finance Regulator to Curb Energy Usage

One of the EU’s top financial regulators has proposed banning the proof-of-work method of cryptocurrency mining, even as miners have switched to utilizing renewable resources. Given that proof-of-work...

European Markets Regulator Urges The EU To Ban Proof-of-Work Bitcoin Mining

Proof-of-work bitcoin mining should be banned, according to the vice chair of the European Securities and Markets Authority. Erik Thedéen suggested that European authorities explore prohibiting proof-...

European Regulator Calls for Effective Ban on Proof-of-Work Crypto Mining

Erik Thedéen, the vice-chairman of the European Securities and Markets Authority, has renewed fresh calls for widespread ban on Bitcoin mining. In an interview with The Financial Times media outlets, ...

Crypto Can Help Afghanistan if the Taliban Doesn’t Ban it

Afghan history spans more than 5,000 years. But in recent decades, turmoil has been unrelenting. Since the Taliban seized power in 2021, many Afghans fled the country. The ones who stayed are hopeful ...

Regulator Says that EU Should Ban Proof-of-Work Crypto Mining

According to a top financial regulator from the EU, the government should ban the main form of bitcoin mining at the bloc-wide level. He is concerned about the growth in renewable energy used for cryp...

The EU Should Ban Proof-of-Work Mining

The vice-chair of the European Securities and Markets Authority (ESMA) – Erik Thedéen – urged the EU financial regulators to prohibit the cryptocurrency mining model known as proof-of-work. He also cl...

ESMA Vice Chair calls upon the EU to ban Proof-of-Work crypto mining

Erik Thedéen, the Vice Chair of the European Securities and Markets Authority (ESMA), has proposed that the European Union (EU) ban crypto mining powered by Proof-of-Work (PoW) consensus mechanisms. A...

EU Regulator Urges Proof-of-Work Ban

Key Takeaways Erik Thedéen, the vice-chair of the European Securities and Markets Authority, has called for a ban on Proof-of-Work mining. Thedéen has also expressed concerns over crypto miners increa...

EU Securities Watchdog Urges Regulators To Ban Proof-of-Work Mining Used By Bitcoin ⋆ ZyCrypto

Advertisement &nbsp &nbsp One key official in the European Securities and Markets Authority (ESMA) is calling for a prohibition of proof-of-work mining, a computationally inte...

EU securities regulator calls for proof-of-work crypto mining ban

Erik Thedéen, the vice-chair of the European Securities and Markets Authority has raised concerns over the growing use of renewable energy for Bitcoin mining. In a recent interview with the Financial ...

EU Regulator Calls for Ban on Proof-of-Work Mining Used by Bitcoin, Ethereum

Erik Thedéen, vice chair of the European Securities and Markets Authority (ESMA), has called for a ban on proof-of-work crypto mining based on the industry’s high energy demands, per the Financi...

Bitcoin Mining Ban Proposed by Top EU Financial Regulator

Alex Dovbnya A leading EU financial regulator is calling for prohibiting Bitcoin mining Contents “A national issue” The U.S. is catching up Erik Thedeen, the newly appointed vice chair of ...

ESMA vice chair calls for proof of work mining ban

advertisement The vice chair of an influential markets watchdog in Europe has called for a ban on proof of work mining over concerns about how energy intensive it is. Erik Thedéen, vice chair of the E...

China Police Makes Rug Pull-related Arrests Amid Total Crypto Ban

No less than 8 people have been arrested by China police in relation to a RMB 50 million ($7.8 million) rug pull. The announcement was made via the official WeChat account of local police department o...

Kosovo Crypto Miners Considering Selling Gear Following Ban

Some miners in Kosovo are considering selling their equipment, following a government ban on cryptocurrency mining. One crypto exchange co-owner based in Kosovo’s capital Pristina told Bloomberg he kn...

Kosovo, Bitcoin mining ban: miners sell equipment

A few days ago, Kosovo banned cryptocurrency mining.  Kosovo, a hub for Bitcoin mining Since 2018, the Balkan country had become a small mining hub thanks to low electricity costs, but it was precisel...

Australia Could Lift Djokovic’s Three-Year Visa Ban Early, Prime Minister Says

Topline Novak Djokovic may be allowed to compete in next year’s Australian Open under “the right circumstances”, Australian Prime Minister Scott Morrison said Monday, suggesting his government may wai...

Whole Foods Stands By Decision to Ban Employees From Wearing BLM Masks While At Work

Whole Foods supermarket chain, owned by Amazon, doubled down regarding its policy of banning workers who wear embellished masks with the phrase, “Black Lives Matter.” Bloomberg reports that the grocer...

Bitcoin mining gear hits the market in Kosovo as government announces temporary mining ban

From human conflict to energy crunches, a whole host of factors can trigger major panic and sell-offs in the crypto sector. While all eyes were on Kazakhstan’s Bitcoin miners, another country is now p...

Bitcoin Ban Would Be “Disastrous” for Ripple, Says Top Executive

Alex Dovbnya Ripple CTO David Schwartz has fended off accusations of trying to undermine the two biggest cryptocurrencies David Schwartz, Ripple’s chief technology officer, said that the U.S. governme...

State Bank of Pakistan recommends a cryptocurrency ban

The State Bank of Pakistan is contemplating a complete ban on crypto assets. The institution notes that cryptocurrencies present certain risks, and is even referred to countries like China that have b...

‘Pharma Bro’ Martin Shkreli Hit With $64.6 Million Fine And Lifetime Ban From Pharmaceutical Industry

Topline A federal judge ruled Friday morning that Martin Shkreli, a former hedge fund manager convicted of securities fraud in 2017, must pay $64.6 million in fines to states that filed an antitrust l...

Pakistan central bank urges ban on crypto

According to a report submitted to the Sindh High Court (SHC) on Wednesday, the federal government and the State Bank of Pakistan are urging an outright ban on transacting in all cryptocurrencies. As ...

Pakistan’s Central Bank Recommends a Total Crypto Ban (Report)

The State Bank of Pakistan (the nation’s central banking institution) and the Federal government are reportedly contemplating imposing a complete ban on all cryptocurrency endeavors. The authorities c...

Pakistan Plans to Ban Cryptocurrencies as Stance Hardens: Reports

The government of Pakistan and its central bank want to ban the use of cryptocurrencies, local media reported, citing a document submitted to a provincial court. The document was compiled by a committ...

Pakistan Central Bank and Federal Government Recommend Complete Crypto Ban

Pakistan’s central bank and the federal government have recommended that crypto be completely banned. The report they have formed has been sent to the law and finance ministries for further review. Re...

Pakistan: Central bank-led committee calls for ‘ban’ on cryptos and sanctions

Cryptocurrencies’ growing popularity and dominance threatens financial stability, according to different regulatory watchdogs across the globe. In fact, quite a few countries have banned the use of di...

Bill Seeks to Ban Fed From Issuing Digital Currency to Consumers

In brief A proposed law would bar the Fed from giving CBDC accounts to consumers. The bill’s sponsor Rep Tom Emmer says CBDCs pose a threat to privacy. Rep. Tom Emmer (R-MN) proposed a law on We...