Crypto markets have been choppy over the past week. Several regulatory news headlines contributed to the moves. President Joe Biden signed an executive order on cryptocurrency policy which is designed to support ‘responsible innovation,’ and MEPs in the EU voted against a proposed bill to limit proof-of-work-based cryptocurrencies. These are positive signs for crypto but […]
EU lawmakers rejected the proposed ban of cryptocurrencies that use the Proof-of-Work mechanism The proposal, which has been a scorching debate in current days, would have led to the outlawing of Bitcoin and different PoW cryptocurrency tasks Today, the European Parliament Committee on Economic and Monetary affairs voted on the proposed draft suggesting the ban […]
According to the report, the lawmaker leading the proposed framework says the situation needs to be clarified before MEPs can get into action. However, the [...]
The European Parliament will not hold a planned vote on crypto regulations after texts that can be interpreted as an attempt to ban coins with energy-intensive mining sparked negative reactions. The lawmaker leading the legislative effort says the matter needs clarification before MEPs can have a say, but the head of the ECB has insisted […]