EU Removes Proof of Work Ban Clauses On MiCA Regulation

EU Removes Proof of Work Ban Clauses On MiCA Regulation

The European Union’s proposal framework for the Markets in Crypto Assets (MiCA) regulation has been voted on, and it has been decided that the provisions on cryptocurrencies utilizing proof of work designs for their blockchains will no longer be adapted to the MiCA framework, going forward. The bill will go…
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Source: Cryptodaily
Posted: 2 minutes ago