Tag: mica

Mar 22 2022

Just-In: EU May Revive Down Voted Proof-Of-Work (PoW) Ban This Week

European lawmakers successfully voted against a proposed ban on proof-of-work (PoW) cryptocurrencies last week. But as per regional law, the proposal could be revived this week to face a second round of voting. PoW ban could be reintroduced After being approved by the EU Parliament's economic committee last week, the Markets In Crypto Assets (MiCA)...

Mar 14 2022

Breaking: EU Votes Against Banning PoW Crypto Tokens In MiCA Bill

The European Union's Economic Committee on Monday voted against closely- watched legislation that sought to ban proof-of-work (PoW) tokens in a proposed bill on crypto regulation in the bloc. Citing sources in the Economic Committee (ECON), Patrick Hansen of Unstoppable Finance said the ECON committee had voted in a 32-24 ratio against a proposal in the...

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 Ethereum is still being considered, drawing widespread criticism from the crypto community. The vote is set to take place during a session starting at 8:45...

Mar 08 2022

EU Drops Proof-of-Work Ban, To Vote On MiCA Crypto Law Next Week

Mar 08 2022 Published at Coingape under tags  ban crypto european union mica news

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 that the Economic and Monetary Affairs Committee (ECON) will vote on the bill on March 14. The proposal, called Markets in Crypto Assets, or...

Jan 29 2022

Europe could lead the crypto regulatory race with MiCA

Jan 29 2022 Published at CryptoSlate under tags  eu europe european parliament mica regulation

While cryptocurrency regulation has been a hot topic for quite a while, it wasn't until last year that governments around the world began taking a bigger interest in regulating the booming crypto market. El Salvador accepting Bitcoin as legal tender last September further ignited this interest. The MMF went on to warn the country that a lack of regulation in the space could...

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