advertisement The European Parliament has once again stripped a landmark piece of crypto legislation of language that many feared would target proof-of-work cryptocurrencies like bitcoin. On March 14,...
Tag: ProofofWork
Bitcoin tracks $39K ahead of Europe vote on Proof-of-Work legality
Bitcoin (BTC) stayed steady at $39,000 into Monday’s Wall Street close as stocks took the opportunity to reclaim some losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bulls ne...
Proposal Limiting Proof-of-Work Is Rejected in EU Parliament Committee Vote: Sources
“5. By 1 January 2025, the Commission shall present to the European Parliament and to the Council, as appropriate, a legislative proposal to amend Regulation (EU) 2020/852, in accordance with Article ...
EU To Vote On MiCA, Proof-Of-Work Ban Amid Online Backlash
The European Union will vote on adopting its Markets in Crypto Assets (MiCA) regulation later on Monday. Reports show that a controversial ban on proof-of-work (POW) tokens including Bitcoin and Ether...
EU Set to Vote on Proof-of-Work Crypto Mining Ban
The European Union will vote on Monday on a cryptocurrency framework proposal that could result in the banning of proof-of-work consensus assets. The high-stakes vote is too close to call, according t...
New amendments on EU crypto legislation put forward that could limit proof-of-work cryptocurrencies
Language regarding proof-of-work cryptocurrencies has once again been added to a proposed legislative framework set to be voted by a European Parliament committee on Monday, sparking a new round of co...
Limiting Proof-of-Work Crypto Back on the Table as EU Parliament Prepares Virtual Currencies Vote
One version of the new draft, reviewed by CoinDesk, has a similar provision though significantly toned down from the original. It says that crypto assets “shall be subject to minimum environment...
EU Drops Proof-of-Work Ban, To Vote On MiCA Crypto Law Next Week
The European Union will vote on passing a key cryptocurrency law next week, with a widely-criticized ban on proof-of-work tokens to no longer be considered. Member of Parliament Stefan Berger tweeted ...
Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation – Regulation Bitcoin News
A text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at regulating the European crypto space. The move com...
EU Revises Legislation Targeting Proof-of-Work Crypto Mining
Key Takeaways A European law that proposes restrictions on environmentally unsustainable consensus mechanisms has been revised. That law could have conceivably restricted the use of Bitcoin and other ...
EU Regulator Ties Up Crypto Regulation Vote Over Proof-of-Work Ban
Key Takeaways European Parliament member Stefan Berger has canceled a vote scheduled for Monday on crypto regulation. The provision, called the Markets in Crypto-assets proposal, apparently contained ...
European Parliament postpones crypto bill vote over proof-of-work
The parliament of the European Union is delaying a vote on a framework aimed at regulating cryptocurrencies amid concerns over proof-of-work mining. In a Friday Twitter thread, European Parliament eco...
EU Parliament delays vote on crypto regulation after backlash on anti proof-of-work stance
The European Parliament decided to delay its vote on the draft of the Markets in Crypto Assets framework indefinitely after receiving backlash from the public over one of the provisions. The vote was ...
European Parliament delays vote on crypto assets bill over proof-of-work debate
The parliament of the European Union has delayed a key vote on its long-awaited cryptocurrency market regulation in response to outrage from the crypto world. The Markets in Crypto-Assets Directive, k...
EU securities regulator recommends ban on proof-of-work crypto
European Securities and Markets Authority is concerned over the risks bitcoin mining poses to meeting climate change goals under the Paris agreement. Erik Thedéen, the vice-chair of the watchdog, told...
Proposed EU Regulations Would Limit Bitcoin, Proof-of-Work Crypto Mining: Report
The European Union (EU) is reportedly drafting regulations that could result in a ban on proof-of-work cryptocurrency mining across the union’s 27 member states. The proposal forms part of the EU’s u...
Bitcoinist Book Club: “The Bitcoin Standard” (Chapter 8, Part 2, Proof-Of-Work)
To understand Bitcoin, people need to understand Proof-Of-Work. It might be the most crucial aspect of the network. Proof-Of-Work provides security, resolves the issuance problem, and guarantees “a le...
New York gubernatorial candidate calls for moratorium on proof-of-work mining
With roughly nine months until major federal and state elections, New York State gubernatorial candidate Jumaane Williams is making crypto mining an issue in his campaign, criticizing the lack of regu...
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...
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, ...
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     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...